USD/CHF Short term Outlook

FX:USDCHF   U.S. Dollar/Swiss Franc
39 0 2
Short Term trend: Bullish
Ichimoku analysis (1 Hour chart):
Tenkan-Sen level: 0.9575
Kijun-Sen level: 0.9620
Ichimoku cloud top: 0.9648
Ichimoku cloud bottom: 0.9650

USD/CHF             made a low of 0.9551 and has slightly recovered from that level. The intraday trend bias is bullish as long as 0.9539 support holds.
The break of 0.9539 will target 0.9470/0.9440. The minor resistance is around 0.9590 (Support turned into resistance) and any indicative break would extend gain to 0.96240/0.9660.

Recommendation: Buy USD/CHF             around 0.9580, SL 0.9539, Target 0.9624/0.9660.
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