USD/CHF breaks minor trend line resistance at 0.9540, jump till 0.9640 is possible
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 bel…
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.
