USD/CHF faces resistance at 1.0880, break above targets 1.018
Major Resistance – 1.0880 (trend line joining 1.0124 and 1.0106)
Major intraday support -1.00350 (7 day EMA)
Any break above trend line resistance 1.0880 will take the pair to next level around 1.0125/1.018/1.0250.
On the lower side major support is around 1.00350 and break below will drag the pair till 1/0.9950.The minor support is around 1.0055.
Overall bullish invalidation only below 0.9920.
It is good to buy above 1.0880 with SL around 1.00350 for the TP of 1.0180/1.0240
Major intraday support -1.00350 (7 day EMA)
Any break above trend line resistance 1.0880 will take the pair to next level around 1.0125/1.018/1.0250.
On the lower side major support is around 1.00350 and break below will drag the pair till 1/0.9950.The minor support is around 1.0055.
Overall bullish invalidation only below 0.9920.
It is good to buy above 1.0880 with SL around 1.00350 for the TP of 1.0180/1.0240