- USD/CHF has broken trend line resistance 0.9540 (trend line joining 0.9736 and 0.9645) and jumped till 0.9578. It is currently trading around 0.9563.
- On the downside major weakness can be seen only below 0.9480 and break below targets 0.9420/0.9380.
- The pair's minor support is around 0.9520.
- The pair's resistance on the higher side is around 0.9590 and break above targets 0.9650/0.9680.
- Overall bullish invalidation only below 0.9480.
It is good to buy at dips around 0.9550 with SL around 0.9500 for the TP of 09645/0.9680.
