Thursday, October 15, 2026

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USD/CHF takes support near trend line, jump till 0.9900 is possible

USD/CHF has made a low of 0.9676 past week and recovered from that level. It is currently trading at 0.9775 level. Major support is at 0.9676 (trend line joining 0.9328 and 0.9547) and any break below confirms further we…

By Lis Howell
1 min read
USD/CHF takes support near trend line, jump till 0.9900 is possible
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  • USD/CHF has made a low of 0.9676 past week and recovered from that level. It is currently trading at 0.9775 level.
  • Major support is at 0.9676 (trend line joining 0.9328 and 0.9547) and any break below confirms further weakness.
  • Break below 0.9676 will drag the pair further down till 0.9586/0.9550.
  • The minor resistance is around 0.9785 and break above will extend gains till 0.9860/0.9900.

It is good to buy at dips around 0.9740 with SL around 0.9670 for the TP of 0.9860/0.9900.

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