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Technically in the 15 min chart, the pair is holding below short term (21- and 55 EMA) and
200 EMA (0.96335). Any break above 0.96625 will take the pair to 0.9700/0.9765/0.9800. USDCHF hits an intraday low of 0.96250 and is currently trading around 0.96264.
The near-term support is around 0.9600, any breach below targets 0.9540/0.9500/0.9470.
Indicators (15-Min chart)
CCI (50)- Bearish
ADX- bearish
It is good to sell on rallies around 0.9628-30 with SL around 0.96650 for TP of 0.9570/0.9540.
