USD/CHF faces trendline resistance around 0.9725, targets 0.9595
USD/CHF has recovered after making a low of 0.9526. It is currently trading at 0.9680.
Intraday trend is still weak as long as trend resistance 0.9725 holds.
Any break above 0.9725 will take the pair to next level to 0.9750/0.9800.
On the lower side minor support is around 0.9645 and break below will drag the pair further down till 0.9595/0.9545.
It is good to sell on rallies around 0.9670-75 with SL around 0.9725 for the TP of 0.9595
Intraday trend is still weak as long as trend resistance 0.9725 holds.
Any break above 0.9725 will take the pair to next level to 0.9750/0.9800.
On the lower side minor support is around 0.9645 and break below will drag the pair further down till 0.9595/0.9545.
It is good to sell on rallies around 0.9670-75 with SL around 0.9725 for the TP of 0.9595