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FxWirePro: USD/CHF struggles to close above 0.9800, good to buy at dips

USD/CHF has made a high of 0.9840 and slightly decline from that level. Overall trend is still bullish as long as support 0.9650 holds.

  • On the downside any break below 0.9650 will drag the pair further down till 0.9595/0.9530 in short term.
     
  • The minor support is around 0.9740/0.9680.
     
  • Short term resistance is around 0.9845 and break above targets 0.9900.

It is good to buy at dips around 0.9740 with SL around 0.9660 for the TP of 0.9850/0.9900

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