USD/CHF: Bullish Above Key Support

 | Mar 04, 2015 02:27AM ET

USD/CHF – Bullish Above Key Resistance (4hr chart)

Treating 9550 as a ST support and role reversal level , the pair has bounced higher about 60 pips and showed some steady bullish price action today.

For now, I’m staying bullish while above the key support zone between the 9550 – 9525 zone. Only a daily close below 95 (and perhaps 9450) would negate the bullish momentum.