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Ichimoku Analysis (4- hour chart)
Tenken-Sen- 0.94805
Kijun-Sen- 0.94455
USDCHF recovers sharply more than 100 pips from a low of 0.93950. The pair should break above 0.9570 for minor jump till 0.96150. The dip from 1.02369 will end at 0.9185 only if pair trades above 0.96150 level.
The minor support stands at 0.9470 and any violation below will drag the pair down till 0.9420/0.9390. Major trend continuation only below 0.9180.
It is good to sell on rallies around 0.9570-75 with SL around 0.9615 for the TP of 0.9405.
