- Pair is currently trading at 0.9925 levels.
- It made intraday high at 0.9930 and low at 0.9885 levels.
- Intraday bias remains bullish till the time pair holds key support at 0.9763 levels.
- Alternatively, a break of 0.9662 levels will turn bias bearish again and target next support at 0.9475 levels.
- Initial resistance levels are seen at 0.9942, 0.9984 and 1.0073 levels.
- Support levels are seen at 0.9863, 0.9763 and 0.9660 levels.
We prefer to take long position in USD/CHF around 0.99 levels, stop loss 0.9763 and target 1.0073 levels.
