USD/CHF: bulls found support
Tatyana Norkina, FBS analyst
The currency pair recovered back into the 0.9680 area on Monday after having tested the H4 Ichimoku border. Buyers obtained a perfect chance to continue the bullish trend. Oscilators confirm the positive tendency.
At the same time, the Tenkan-sen resistance remains rather strong. That's why the buying signals will make sense only after a fix above this level.
Technical levels: support – 0.9650/60; resistance – 0.9720.
1. Buy — 0.9680; SL — 0.9650; TP1 — 0.9720; TP2 — 0.9750.