Get started
FxWirePro

USD/CHF faces strong resistance at 0.97,break above targets 0.98

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
FxWirePro  
FX:USDCHF   U.S. Dollar / Swiss Franc
5
0
USD/CHF is facing trend line resistance around 0.9700 (trend line 0.9670 and 0.96890) and any break above confirms bullishness , a jump till 0.9764/0.9800 cannot be ruled out .

on the downside minor support is around 0.9680 and any break below will drag the pair till 0.9640/0.9595.

Short term bullish invalidation only below 0.9640.

It is good to buy only above 0.9700 with SL around 0.9640 for the TP of 0.9795/0.9825.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.