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USD/CHF is facing trend line resistance around 0.9700 (trend line 0.9670 and 0.96890) and any break above confirms bullishness, a jump till 0.9764/0.9800 cannot be ruled out.
- On the downside minor support is around 0.9680 and any break below will drag the pair till 0.9640/0.9595.
- Short term bullish invalidation only below 0.9640.
It is good to buy only above 0.9700 with SL around 0.9640 for the TP of 0.9795/0.9825.
Resistance
R1- 0.9720
R2-0.9795
R3- 0.9825
Support
S1-0.9680
S2-0.940
S3-0.9595
