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FxWirePro: Sell USD/CHF around 0.96800-85 with SL around 0.9725 for the TP of 0.9570

  • USD/CHF  has broken major support 0.9680  and declined till 0. is currently trading around 0.96770. the pair yesterday recovered till 0.9718 after making a low of 0.96675 .

  • Intra day trend is still weak as long as support 0.9725 holds.

  • On the higher side minor resistance is around 0.9725 and break above would extend gains till 0.9750/0.9800/0.9825. 

  • Bearish invalidation only above 0.9800. 

It is good to sell around 0.96800-85 with SL around 0.9725 for the TP of 0.9570 

 

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