- 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 around 0.96800-85 with SL around 0.9725 for the TP of 0.9570
The material has been provided by InstaForex Company – www.instaforex.com