FxWirePro

USD/CHF Short Term Outlook

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
2
USD/CHF has made a low of 0.9615 and slightly recovered from that level. Overall trend is weak as long as resistance 0.9776 (Dec 9th high) holds
The pair minor support is around 0.9615 and any break of will target 0.9550/0.9530 in short term. USD/CHF short term resistance is around 0.9670 (Kijun–Sen) and any break of will take the pair to 0.9730 (Cloud Top) and 0.9776 (Dec 9th high).

Indicators
Ichimoku (9, 26, 52, 26) - Sell
MACD (12.26.9) – Buy
200 day 4HMA- 0.9659

Recommendation: Sell USD/CHF around 0.9670, SL 0.9730, Target 0.9530.