USD/CHF Technical Analysis comments :
The pair USD/CHF failed to pursuit its bullish movement and the price got back below 0.9617 (level 38.20%) which is our pivot point. We advise to trade the pair according to this level:
- Long if 0.9617 is support. The breakout of 0.9703 (level 50%) will give a new buy signal
- Short if 0.9617 is resistance. The breakout of 0.9510 (level 23.60%) will give a new sell signal.