FxWirePro: USD/CHF Faces Strong Support at 0.9630, Good to Buy at Dips

FxWirePro: USD/CHF Faces Strong Support at 0.9630, Good to Buy at Dips

•  Major resistance- 0.9800 
•  Major intraday resistance – 0.9735 
•  Major support – 0.9630 
•  USD/CHF has declined till 0.9684 yesterday and pared its losses in US session. It is currently trading around 0.97101. 
•  Short term trend is slightly bullish as long as support 0.9630 holds. 
•  On the higher side any break above 0.9750 will take the pair to next level till 0.9800/0.9850.
•  Short term trend reversal only above 0.9800. 
•  Any violation below 0.9630 will drag the pair down till 0.9575/0.9530/0.9500.
  

It is good to buy at dips above 0.9690 with SL around 0.9630 for the TP of 0.9780/0.9800

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