Dear traders, USD/CHF is consolidating in the support level for quite some time. Although, the price has drifted lower, USD/CHF has not broken the support level.
Please note that even on the daily chart, 0.9550 is a crucial level as the 100 Day EMA lies there. So, a reversal to the upside is quite likely at this stage.
For traders looking to buy, a buy entry between 0.9530-0.9560 with SL below 0.95 and TP at 0.98 would a potential trade.