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FxWirePro
Oct 30, 2014 12:35 PM

USD/CHF Intra day trading idea  Long

U.S. Dollar/Swiss FrancFXCM

Description

USD/CHF has broken short term resistance around 0.9600 and is expected to reach 0.9688 (Oct 5th high).
Intraday major support is around 0.9560 and weakness can be seen only below that level.
Any indicative break below 0.9560 would extend loss to 0.9539/0.9470.
Recommendation: Buy USD/CHF around 0.9580, SL 0.9560, Target 0.9625/0.9688
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