FxWirePro
Long

USD/CHF faces strong support at 0.9600, good to buy at dips

FX:USDCHF   U.S. Dollar/Swiss Franc
142 0 9
Major support – 0.9600 ( trend line joining 0.90719 and 0.9156)

The pair has made a low of 0.96510 and slightly recovered from that level. It is currently trading around 0.9670.

USD/CHF             major support is around 0.9600 and any further weakness only below 0.9600.

Any break below will drag the pair down till 0.9528/0.9500 level.

On the higher side minor resistance is around 0.9708 and any break above targets 0.9750/0.9780.

Short term bearish invalidation only above 0.9780.

StochRSI – Over sold.

It is good to buy at dips around 0.9660-65 with SL around 0.9600 for the TP of 0.9780
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