FxWirePro: USD/CHF forms bullish BAT pattern, good to buy at dips

Harmonic pattern - Bullish BAT pattern

Potential Reversal Zone (PRZ) - 0.9520

• USD/CHF has retreated till 0.9554 after making a high of 0.9645 yesterday. It is currently trading at 0.9576. Short term trend is bullish as long as support 0.9520 holds.
  
  
• Any break below 0.9520 will drag the pair down till 0.9470/0.9400.
  
  
• On the higher side major resistance is around 0.9650 and break above targets 0.9680/0.9725.
  
  
• The minor resistance is around 0.9600
  
  
• Bullish invalidation only below 0.9520.

It is good to buy at dips around 0.9560-65 with SL around 0.9515 for the TP of 0.9680