Hello traders, USD/CHF is trading at 0.9296. The Pair is trading in resistance and support wedges from some time. If the price breaks the resistance level at 0.9308 then, it can star a new up trend. After breaking resistance level at 0.9308, there is a strong resistance at 0.9374 and that can be the target price for upward trend.

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Thank you,

Rishikesh Lilawat

Rishikesh Lilawat
Rishikesh Lilawat

Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.