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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…

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