USD/CHF bouncing up nicely remain bullish

The price continues to inch down towards our buying area. We remain bullish looking to buy on dips above 0.9679 support (Fibonacci retracement, horizontal pullback support) for a further push up to 0.9757 resistance (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance).

RSI (34) has made a bullish exit of our triangle formation and sees an ascending support line holding it up really well.

Buy above 0.9679. Stop loss is at 0.9629. Take profit is at 0.9757.


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