Technicals

Add as a preferred source on Google

FxWirePro: USD/CHF faces strong support at 0.9680, good to buy at dips

USD/CHF has retreated till 0.97074 after making a high of 0.9770 . Overall trend is still bullish as long as support 0.9680 holds. Any break below 0.9680 will drag the pair further down till 0.9640/0.9595. On the higher …

1 min read
FxWirePro: USD/CHF faces strong support at 0.9680, good to buy at dips
Image from the original EconoTimes article

Read the original article

USD/CHF has retreated till 0.97074 after making a high of 0.9770 . Overall trend is still bullish as long as support 0.9680 holds.

  • Any break below 0.9680 will drag the pair further down till 0.9640/0.9595.
     
  • On the higher side minor resistance is  around 0.9740 and any break above would extend gains till 0.9770/0.9800.

It is good to buy at dips around 0.9710-15 with SL around 0.9680 for the TP of 0.9770/0.9800.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560