Friday, October 16, 2026

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FxWirePro: USDCHF faces strong support around 0.9540, good to buy at dips

USD/CHF has made a low of 0.9567 and recovered till 0.9640 from that level. Overall trend is till bullish as long as support 0.9540 holds The pair jumped till 0.96890 yesterday and is currently trading at 0.9635 level. T…

By Lis Howell
1 min read
FxWirePro: USDCHF faces strong support around 0.9540, good to buy at dips
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  • USD/CHF has made a low of 0.9567 and recovered till 0.9640 from that  level.  Overall trend is till bullish as long as support 0.9540 holds

  • The pair jumped till 0.96890 yesterday and is currently trading at 0.9635 level.

  • The minor resistance is around 0.9690 and break above would extend gains till 0.9740/0.9785.

  • On the downside minor support is around 0.9580 and below that level will target 0.9540/0.9480.

It is good to buy at dips around 0.9580 with SL around 0.9540 for the TP of 0.9670/0.9745

 

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By FxWirePro Team