- USD/CHF has made a high of 0.9537 and retreated for that level. Overall trend is bullish as long as 0.9440 holds.
- The pair’s resistance is around 0.9540 and any indicative break above would extend gains till 0.9575/0.9630 in short term.
- On the downside any break below 0.9440 will target 0.9400.
- The minor support is around 0.9460.
It is good to buy at dips around 0.9480-85 with SL around 0.9440 for the target of 0.9575.
The material has been provided by InstaForex Company – www.instaforex.com