Major resistance – 0.9640. USD/CHF has taken support near trend line and shown a minor jump from that level. The pair hits intraday high of 0.9358 and shown a minor dip from that level. It is currently trading around 0.9…
USD/CHF has taken support near trend line and shown a minor jump from that level. The pair hits intraday high of 0.9358 and shown a minor dip from that level. It is currently trading around 0.96028.
Intraday trend is neutral as long as resistance 0.9640 holds. The pair should break above trend line resistance at 0.9640 for further bullishness. Any break above 0.9640 will take the pair to next level till 0.9705/0.9760. Minor bullishness above 0.9845.
On the lower side, near term support is around 0.9600 and any break below will drag the pair till 0.9550/0.9500.
It is good to buy above 0.9640 with SL around 0.9600 for the TP of 0.9705/0.9745.
