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Watch USD/CHF at 1.0030 for further bullishness

Major resistance - 1.003 (55 day H EMA) The pair has made a high of 1.00317 and declined till 0.99500 level. Intraday trend is bullish as long as support 0.9950 holds. On the higher side any break above 1.0030 will take …

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Watch USD/CHF at 1.0030 for further bullishness
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  • Major resistance - 1.003 (55 day H EMA)
     
  • The pair has made a high of 1.00317 and declined till 0.99500 level. Intraday trend is bullish as long as support 0.9950 holds.
     
  •  On the higher side any break above 1.0030 will take the pair till 1.0090/1.0120.
     
  • Overall bearish invalidation only above 1.0140.
     
  • The pair's minor support is around 1 and break below targets 0.9950/0.9900.

It is good to buy only above 1.0030 with SL around 0.9980 for the TP of 1.0090/1.0120      

 

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