USD/CHF Short term Outlook

FX:USDCHF   U.S. Dollar / Swiss Franc
96 0 2
USD/CHF             has broken minor resistance 0.9845 and break of will take the pair to 0.9977 (161.8% retracement of 0.9816 to 0.95521). Overall trend is bullish as long as support 0.9775 holds.
The pair’s minor support is around 0.9775 and any break below will target 0.9740/0.9700 ( Median line ).

CCI (50) – Buy
CCI (14) – Buy
Ichimoku- Neutral

Recommendation: Buy USD/CHF             around 0.9850, SL 0.9775, Target 0.9917/0.9977.
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