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Long

USD/CHF breaks minor resistance 1.00350 , targets 1.01250/1.0180

FX:USDCHF   U.S. Dollar/Swiss Franc
164 0 4
USD/CHF             has broken major resistance 1.00350 and jumped till 1.00650. Short term trend is slightly bullish as long as support 0.9960 holds.

The pair has made a low of 0.9960 yesterday and recovered from that level. It is currently trading around 1.00609.

The major resistance is around 1.01250 and break above targets 1.01850/1.0240.

On the lower side minor support is around 1.00350 and break below targets 0.9960/0.9920 level.

It is good to buy at dips around 1.0060 with SL around 1.0300 for the TP of 1.01250/1.0180
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