USD/CHF Trade idea

• Major resistance - 0.9960 (trend line joining 1.00739 and 0.99685)
   
• Major support - 0.9900
   
• The pair has broken major resistance 0.9960 and jumped till 0.9996. It is currently trading around 0.99769.
   
• On the higher side the pair is facing resistance around 1.000 and break above targets 1.0035/1.00729.
   
• Short term trend is slightly bullish as long as support 0.9900 holds.
   
• Any break below 0.9900 will drag the pair till 0.9850/0.9780.

It is good to buy at dips around 0.9965-0.9970 with SL around 0.9900 for the TP of 1.00350/1.00725

R1-1.000

 R2-1.00350

R3-1.00725

Support

S1-0.9900

S2- 0.9850

S3-0.9780