- Major resistance – 0.9855 (200 day MA).
- The pair recovered from the low of 0.97834.It is currently trading around 0.98133.
- USD/CHF should close above 0.9855 (200 day MA) for further bullishness. Any break above 0.9855 will take the pair to next level till 0.9960/1.000.
- On the lower side, any break below 0.9770 (90 day EMA) will take the pair to next level till 0.9705 (61.8% retracement of 0.9830 and 0.9633)/0.9630.Minor weakness can be seen below 0.9630 and any violation below 0.9630 targets 0.9575/0.9520.
- Overall bullish invalidation only below 0.9500.
It is good to buy on dips around 0.9780 with SL around 0.9730 for the TP of 0.9855/0.9900


FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro- Woodies Pivot(Major) 



