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FxWirePro: USDCHF Daily Outlook
Ichimoku Analysis (4 Hour chart)
USDCHF's intraday bias remains bearish on broad-based US dollar selling. US durable goods order beats estimates of 0.5% while jobless claims surged to 778K vs forecast of 732K. DXY is facing strong support at 92, any violation below will drag the index down till 91.75/91.50. USDCHF hits an intraday low of 0.90793 and is currently trading around 0.90920.
The pair is facing strong resistance at 0.91650 and any break above 0.9200/0.9245.Significant buying only above 0.93000.
It is good to sell on rallies around 0.9148-50 with SL around 0.92000 for the TP of 0.9030.