Ichimoku analysis (Hourly chart)
Tenken-Sen- 0.88759
Kijun-Sen- 0.88894
USDCHF is consolidating between 0.89191 and 0.8845 for the past three days. With no major economic data, markets trade flat on Christmas holiday mood.
The pair is facing strong resistance at 0.8920,any break above will take to the next level till 0.8965/0.9000. Minor bullishness only above 0.9000.
On the lower side, the near term support is around 0.8870, and a dip till 0.8845/0.8800 is possible.
It is good to stay away from markets
