USD/CHF Technical Analysis: US Dollar bull party goes on above the parity level now targeting the 2018 high

• USD/CHF is trading in a bull trend above its 50, 100 and 200-period simple moving average (SMA) on the 4-hour chart. 
• USD/CHF bulls are keeping the market above the parity level as bulls are attempting to drive the currency pair to the 2018 high at the 1.0069 level. The RSI and MACD indicators are suggesting more gains while the Stochastic is already in the overbought zone; all-in-all suggesting bullish continuation.
• A break below 0.9950 on a daily closing basis would be a warning sign for bulls. 

USD/CHF 4-hour chart

Main trend:                    Bullish

Resistance 1:                1.0068 July 13 high
Resistance 2:                1.0100 figure
Resistance 3:                1.0069 current 2018 high
Resistance 3:                1.0160 March 2017 high

Support 1:                     1.0000 parity level
Support 2:                     0.9986 August high
Support 3:                     0.9950 figure
Support 4:                     0.9891 October 4 low
Support 5:                     0.9868 July 31 low

Additional key levels at a glance: