Resistance: 0.9789 strong/0.9818 moderate/0.9859 minor

Support: 0.9748 moderate/0.9719 minor/0.9678 minor

USDCHF is in a bear market with the low level bullish candlestick pattern Bullish Harami suggesting we look for a turn-around. Consider buys off the immediate support 0.9748, or on a bullish confirmation from the subsequent candlestick. A stop loss should be placed just below 0.9748 while the immediate target is 0.9789, the Pivot Point. A close above 0.9789 will have us looking for a rally to 0.9818.

Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To aLook At Prices