Technical analysis of USD/CHF for May 17, 2018 888011000 110888 USD/CHF is expected to trade with a bullish outlook. The pair is consolidating above the crucial assistance at 0.9980 (lows of May 15 and 16), which need to maintain the purchasing interest. The relative strength index stands firmly above its neutrality level at 50 and lacksdown momentum. As long as 0.9980 holds on the drawback, look for an additional rebound with targets at 1.0055 and 1.0085 in extension.Chart Explanation: The black line reveals the pivot point. Today price above the pivot point shows a bullish position, and the rate listed below the pivot point shows a brief position. The red lines show the support levels, and the green line shows the resistance levels . These levels can be utilized to get in and leave trades.Technique: BUY, stop loss at 0.9980, take profit at 1.0055. Resistance levels: 1.0055, 1.0085, and 1.0110 Assistance levels: 0.9955, 0.9930, and 0.9890 The product has been offered by InstaForex

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