USD/CHF faces strong resistance around 1.000, break above targets 1.01250
Major resistance - 1.0000 Major support - 0.9900 The pair has made a high of 0.99886 and slightly declined from that level. It is currently trading 0.99725. Short term trend is slightly bullish as long as support 0.9900.…
The pair has made a high of 0.99886 and slightly declined from that level. It is currently trading 0.99725. Short term trend is slightly bullish as long as support 0.9900.
On the higher side any break above 1.000 will take the pair till 1.0035/1.00725/1.01300.
Major support is around 0.9900 and break below targets 0.9850/0.9780.
Overall bullish invalidation only below 0.9650.
It is good to buy above 1.000 with SL around 0.9950 for the TP 1.00725/1.0125.
