• USD/CHF formed a minor top around 1.01700 at Mar 17th 2017 and declining continuously from that level. It is currently trading around 0.98483.
   
• The low formed on Jan 31st 2017 around 0.98611 was acting as major support and any break below will drag the pair down till 0.97850/0.9730.
   
• On the higher side, 0.9900 will be acting as minor resistance. The pair should break above 0.9960 for further bullishness. Any break above 0.9960 will take the pair till 1.0000/1.0060 in the short term.
   
• Overall bearish invalidation only above 1.03430.
  
  It is good to sell on rallies around 0.9850-55 with SL around 0.9900 for the TP of 0.9785/0.9730