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Short

USD/CHF faces resistance around 0.9500, good to sell on rallies

FX:USDCHF   U.S. Dollar/Swiss Franc
255 0 6
USD/CHF             has recovered till 0.95048 after making a low of 0.92569. Overall trend is till weak as long as resistance 0.9510 holds.

The pair jumped till 0.94533 today morning and is currently trading at 0.9437 level.

The minor resistance is around 0.9460 and break above would extend gains till 0.9510/0.9550.

On the downside minor support is around 0.9380 and below that level will target 0.9340/0.9300.

It is good to sell on rallies around 0.9460 with SL around 0.9510 for the TP of 0.9340/0.9300
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