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FxWirePro: Sell USD/CHF above 0.9700 with SL around 0.9640 for the TP of 0.9800/0.9825

  • USD/CHF is facing trend line resistance around 0.9700 (trend line 0.9670 and 0.96890) and any break above confirms bullishness , a jump till 0.9764/0.9800 cannot be ruled out .

  • on the downside minor support is around 0.9680 and any break below will drag the pair till 0.9640/0.9595.

  • Short term bullish invalidation only below 0.9640.

It is good to buy only above 0.9700 with SL around 0.9640 for the TP of 0.9795/0.9825.

 

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