- USD/CHF major support is around 0.9425 and any trend reversal only below that level. Any break below 0.9425 will drag the pair further down till 0.9400/0.9345.
- The pair’s minor resistance is around 0.94785 and any break above would extend gains till 0.9540/0.9575.
- Overall trend reversal only below 0.9345.
It is good to buy at dips around 0.9460 with SL around 0.9425 for the TP of 0.9540.
The material has been provided by InstaForex Company – www.instaforex.com