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Short

USD/CHF trades below 0.9680, targets 0.9570

FX:USDCHF   U.S. Dollar/Swiss Franc
142 0 3
USD/CHF             has broken major support 0.9680 and declined till 0.96675.It is currently trading around 0.96770. the pair yesterday recovered till 0.9718 after making a low of 0.96675 .

Intra day trend is still weak as long as support 0.9725 holds.

On the higher side minor resistance is around 0.9725 and break above would extend gains till 0.9750/0.9800/0.9825.

Bearish invalidation only above 0.9800.

It is good to sell around 0.96800-85 with SL around 0.9725 for the TP of 0.9570
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