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- Harmonic Pattern formed- Bullish Alt pattern
- Potential Reversal Zone (PRZ) - 0.96850
- USD/CHF has formed bullish Alt pattern in the 15 min chart and intraday potential reversal zone (PRZ) is around 0.96850. The pair formed a minor intraday low of 0.9685 and jumped till 0.97155.
- Overall trend is still bearish as long as resistance 0.9808 holds.
- On the lower side, major intraday support is around 0.9685 and any break below will drag the pair till 0.9645/0.9614.
- Any break above 0.9808 will drag the USD/CHF till 0.9845/0.9900.
It is good to buy on dips around 0.9705 with SL around 0.9680 for the TP of 0.9765/0.9770.
