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FxWirePro: Sell USD/CHF on rallies around 0.9735-40 with SL around 0.9780 for the TP of 0.9660

  • USD/CHF has broken minor trend line support around 0.9735 and this confirms intraday weakness , a decline till 0.9660 cannot be ruled out .

  • Intraday bullishness can be seen only above 0.9760 and any break above will extend gains till 0.9800/0.9830

  • On the downside minor support is around 0.9720 and break below will drag the pair to next level till 0.9680/0.9660.

  • Overall trend reversal only below 0.9520.

It is good to sell on rallies around 0.9735-40 with SL around 0.9780 for the TP of 0.9660

 

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