USD/CHF Is Strong On Charts !!

SUMMARY:

The primary trend of USD/CHF is bullish, but prices are not sustaining on lower levels the pair is sustaining below the falling trendline & consolidating with a positive bias. If USD/CHF breaches the level of 0.9730 & sustains above it then we can expect it to come up to the levels of 0.9750/0.9770 .

In MACD , MACD line has recently breach the zero line, supporting the upside movement for next few sessions. 

Today's Chart: USD/CHF ( 4 HOURLY )

STRATEGY :- 

For this week, USD/CHF is looking strong on charts. Indicators also supporting the same. 

One can go for buy on dips strategy for this pair for intra day to mid term positions.

PIVOT POINTS

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.2243	1.2309	1.2346	1.2412	1.2449	1.2515	1.2552
GBP/USD	1.5481	1.5555	1.5596	1.5670	1.5711	1.5785	1.5826
USD/JPY	117.40	117.80	118.51	118.91	119.62	120.02	120.73
USD/CHF	0.9570	0.9604	0.9663	0.9697	0.9756	0.9790	0.9849
AUD/USD	0.8284	0.8357	0.8401	0.8474	0.8518	0.8591	0.8635
EUR/GBP	0.7870	0.7889	0.7905	0.7924	0.7940	0.7959	0.7975
USD/CAD	1.1227	1.1270	1.1339	1.1382	1.1451	1.1494	1.1563
NZD/USD	0.7652	0.7717	0.7762	0.7827	0.7872	0.7937	0.7982

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