FxWirePro
Long

USD/CHF faces strong support at 0.9680, good to buy at dips

FX:USDCHF   U.S. Dollar/Swiss Franc
327 2 4
USD/CHF             has retreated till 0.97074 after making a high of 0.9770. Overall trend is still bullish as long as support 0.9680 holds.

Any break below 0.9680 will drag the pair further down till 0.9640/0.9595.

On the higher side minor resistance is around 0.9740 and any break above would extend gains till 0.9770/0.9800.

Bullish invalidation only below 0.9560.

It is good to buy at dips around 0.9710-15 with SL around 0.9680 for the TP of 0.9770/0.9800.

Rebounds

benangus2003
usdchf
benangus2003 about USDCHF a year ago
Killy_Mel
a year ago
CCI above 100 is a good thing - could be a trend start!
Reply
KVE PRO
a year ago
I sincerely hope you are wrong since I'm short :-p
Reply
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