Recently, USD/CHF has been trading upwards. The price tested the level of 0.9978. According to the H1 time - frame, I found a breakout of the bullish flag, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities. The upward targets are set at the price of 1.0000 and at the price of 1.0050.
Resistance levels:
R1: 0.9980
R2: 1.0004
R3: 1.0040
Support levels:
S1: 0.9920
S2: 0.9885
S3: 0.9860
Trading recommendations for today: watch for potential buying opportunities.
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