- USD/CHF has recovered after making a low of 0.9526. It is currently trading at 0.9680.
- Intraday trend is still weak as long as trend resistance 0.9725 holds.
- Any break above 0.9725 will take the pair to next level to 0.9750/0.9800.
- On the lower side minor support is around 0.9645 and break below will drag the pair further down till 0.9595/0.9545.
It is good to sell on rallies around 0.9665-70 with SL around 0.9725 for the TP of 0.9595/0.9550
The material has been provided by InstaForex Company – www.instaforex.com