FxWirePro
Short

USD/CHF faces strong resistance at 0.972,good tosell on rallies

FX:USDCHF   U.S. Dollar/Swiss Franc
264 0 11
Candle stick pattern- Hanging man

USD/CHF             has made a high of 0.96919 and declined till 0.95474 on Firday. The pair recovered quickly and closed at 0.96493.

Major trend reversal level only above 0.9720.

On the downside minor support is around 0.9637 and any break below will target 0.9595/0.9545/0.9520.

The break of major resistance would extend gains till 0.9770/0.9800 level.

It is good to sell on rallies around 0.9660-65 with SL around 0.9725 for TP of 0.9595/0.9550.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out