- USD/CHF has broken short term resistance 0.9500 and is expected to trade higher till 0.9570 in short term.
- On the downside 0.9440 is acting as major support and any trend reversal only below that level. Any break below 0.9440 will target 0.9400.
- The minor support is around 0.9460.
It is good to buy at dips around 0.9480-85 with SL around 0.9440 for the target of 0.9570.
The material has been provided by InstaForex Company – www.instaforex.com