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USD/CHF breaks trend line resistance at 0.954, targets 0.9640

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FX:USDCHF   美元 / 瑞士法郎
10
USD/CHF has broken trend line resistance 0.9540 (trend line joining 0.9736 and 0.9645) and this confirms short term bullishness, a jump till 0.9650 cannot be ruled out.

On the downside major weakness can be seen only below 0.9480 and break below targets 0.9420/0.9380.

The pair’s resistance on the higher side is around 0.9560 and break above targets 0.9600/0.9650.

Overall bullish invalidation only below 0.9480.

It is good to buy at dips around 0.9535 with SL around 0.9480 for the TP of 09645.

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