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FxWirePro
Oct 7, 2015 6:49 AM

USD/CHF faces major support at 0.964,break below target 0.9535 Short

U.S. Dollar/Swiss FrancFXCM

Description

USD/CHF has made a high of 0.9767 and declined from that level. It is currently trading at 0.9668.

The pair is facing strong support at 0.9635 and any break below will drag the pair to next level 0.9595/0.9530 level.

The pair’s minor intraday resistance is around 0.9680 and break above targets 0.9725/0.9765.

Overall bearish invalidation only above 0.9840 level.

It is good to sell only 0.9640 with SL around 0.9680 for the TP of 0.9595/0.9535
Comments
Jack4Rain
I saw a support at 0.9644 . how about buy and SL at 0.9633?
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