Usdchf has rejected from 200 EMA for two times on H4 time frame. Now it is staying just above support level. If it can break this support area, then we can expect more down rally on this pair. Support area lies on 0.9230-0.9260 level. So we need to wait for breakout for taking sell entry on this pair. If it can break successfully then we can expect 100-150 pips fall on usdchf.
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Weekly Pivot, Support and Resistance
Resistance Two (R2): 0.9503
Resistance One (R1): 0.9381
Pivot Point: 0.9307
Support One (S1): 0.9185
Support Two (S2): 0.9111
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