Technical and Theoretical Analysis for USD/CHF(Trend based)
Here is given the analysis with chart:
Pair: USD/CHF, Time Frame: 1D Analysis: Trend Based for Long term
If we look the trend its clear that the trend is moving as uptrend. The current price of this pair is 0.9498 which is near to 0.9500. For long term analysis it will go more up and trader can put trade as buy for long, i am asking again that it is for long term. This prediction is not for short term trader.
Though the support is 0.9427 and 0.9381 and resistance 0.9551 and 0.9670.
Sometimes it can move to down, dont worry here is much possibility to go more higher to reach 0.9843.
So My prediction: Buy for long term, TP:0.9670 SL:0.9427