• The USD/CHF pair rallied initially to test minor resistance level at 1.0052 in the mid-European session. However, after failing to break resistance level at 1.0052, the pair has slipped back to test 1.0015 support level. 
  
  
• The pair remains under bulls control unless until it trades above 0.9880 support level, therefore it is good to buy this pair around 0.9850 levels.
  
  
• To the upside, the strong resistance can be seen at 0.9973, a break above this level would take the pair all the way towards 1.0030 levels.
  
  
• To the downside immediate support can be seen 1.0015, a break below this level will take the pair to next level at 0.9970.
  
  Recommendation: Go long above 0.9980, targets 1.0040, 1.0100, SL 0.9850
  
  Resistance Levels
  
  R1: 1.0082 (38.2% Retracement level)
  
  R2: 1.0148 (23.6% Retracement level)
  
  R3: 1.0200 (Psychological levels)
  
  Support Levels
  
  S1: 1.0015 (50% Retracement level)
  
  S2: 0.9970 (61.8% Retracement level)
  
  S3: 0.9880 (Jan 1th lows)