• The USD/CHF has bounced back towards 0.9740 levels, after failing to break below 0.9720 support level. The pair has been trading in a narrow range off late, currently the pair is consolidating around 0.9740 levels it is set to advance further towards higher levels as the pair is under bull's strong control. The pair has close below 0.9685 in order find bearish momentum unless until it's good to go long on this pair.
  
  
• The pair is trading around 0.9740 levels and it is expected advance further towards 0.9780 and 0.9830 levels in the short term.
  
  
• To the upside, the strong resistance can be seen at 0.9770 (23.6% Retracement level), a break above this level would take the pair all the way towards 0.9803 (Sep 23rd high).
  
  
• To the downside immediate support can be seen 0.9722 (38.2% Retracement level), a break below this level will take the pair to next level at 0.9707 (Sep 23rd lows).
  
  Recommendation: Go long above 0.9710, targets 0.9780, 0.9830, SL 0.9580
  
  Resistance Levels
  
  R1: 0.9748 (Sep 29th high)
  
  R2: 0.9770 (23.6% Retracement level)
  
  R3: 0.9803 (Sep 23rd high)
  
  Support Levels
  
  S1: 0.9722 (38.2% Retracement level)
  
  S2: 0.9707 (Sep 23rd lows)
  
  S3: 0.9685 (23.6% Retracement level)