FxWirePro: USD/CHF Trade idea

• Major resistance – 1.0248 (Nov 30th high)
   
• Major support – 1.00450 (100% projection of 1.0248 and 1.00672 from 1.01817)
   
• The greenback has renewed buying interest after taking support near 100% projection of 1.02048 and 1.00672 measuring from 1.01817 level and jumped slightly till 1.01152 from the low of 1.00495.
   
• Minor  trend is looking slightly bullish and  a jump till 1.0150 is possible .it should break above the temporary top of 1.0248 for further bullishness. Any break above that level will take the pair till 1.02600/1.0300.
   
• On the lower side, the pair should break below 1.00450 for further selling. Any violation below 1.00450 will take the pair till 1.000/0.9958(161.8% projection).

It is good to sell on rallies around 1.0145-1.015 with SL around 1.0200 for the TP of 1.0060/1.000

Resistance                                                                   R1-1.0150

R2-1.0205

R3- 1.02580

Support               

S1-1.0670

S2-1.0450

S3- 1.000