The
primary trend of USD/CHF is bullish, prices are taking resistance of
falling trend line & consolidating on higher
levels with a positive bias. Today if the pair breaks the level of
0.9535 & managed to sustain above it, then we can expect it to
continue its ongoing trend & test the level of 0.9580 in today's
session. RSI
is sustaining in buying territory supporting upside movement in the
pair.
MACD line has
recently break the zero line,indicating the up trend in the market.
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STRATEGY :-
USD/CHF is looking further bullish on charts. One can go for buy on
dips strategy for this pair for intra day to mid term positions.
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