USD/CHF has broken trend line resistance 0.9540 (trend line joining 0.9736 and 0.9645) and this confirms short term bullishness, a jump till 0.9650 cannot be ruled out.
- On the downside major weakness can be seen only below 0.9480 and break below targets 0.9420/0.9380.
- The pair's resistance on the higher side is around 0.9560 and break above targets 0.9600/0.9650.
- Overall bullish invalidation only below 0.9480.
It is good to buy at dips around 0.9535 with SL around 0.9480 for the TP of 09645.
Resistance
R1- 0.9560
R2-0.9600
R3- 0.9650
Support
S1-0.9480
S2-0.9420
S3-0.9375
