FxWirePro: USD/CHF to break resitance at 0.92401, intra day bias remains bullish
USD/CHF is fast approching to break resitance at 0.92401, strong rebound is expected, if we see a bullish breakout at the next resistance level to watchout may be the previous high near 0.9400, 61.8% Fibonacci retracemen…
USD/CHF is fast approching to break resitance at 0.92401, strong rebound is expected, if we see a bullish breakout at the next resistance level to watchout may be the previous high near 0.9400, 61.8% Fibonacci retracement.
To the downside, the support sits near the previous lows at 0.9150. Major support is seen at 0.91500, a break below at this level will open the door to 0.90732.
Recommendation: Go long above 0.9190 with Targets 0.9260 & 0.9310, SL 91450
