USD/CHF trade Idea

• USD/CHF  has broken major support 0.9680 and declined till 0. is currently trading around 0.96770. The pair yesterday recovered till 0.9718 after making a low of 0.96675. 
  
  
• Intra day trend is still weak as long as support 0.9725 holds. 
  
  
• On the higher side minor resistance is around 0.9725 and break above would extend gains till 0.9750/0.9800/0.9825. 
  
  
• Bearish invalidation only above 0.9800. 

It is good to sell on rallies around 0.9695-.9700 with SL around 0.9745 for the TP of 0.9570

Resistance

R1- 0.9725

R2-0.9750

R3- 0.9800

Support

S1-0.9635

S2-0.9595

S3-0.9570