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- USD/CHF has retreated till 0.9775 at the time of writing after making a high of 0.98237. Overall trend is still bullish as long as channel support 0.9720 holds.
- Any break below 0.9720 will drag the pair further down till 0.9680/0.9635.
- On the higher side minor resistance is around 0.9835 and any break above would extend gains till 0.9900
- Bullish invalidation only below 0.9560.
It is good to buy at dips around 0.9720 with SL around 0.9680 for the TP of 0.9830/0.9900.
