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FxWirePro: USDCHF recovers slightly on broad based US dollar buying, good to buy on dips

USDCHF is trading mildly higher for past four trading days after hitting low of 1.00499. The good recovery in Swiss franc was due to renewed trade war between US and China which has increased demand for safe haven assets. The pair hits high of 1.01132 and is currently trading around 1.01050.

 

On the higher side, near term resistance is around 1.0125 and any break above will take the pair to next level till 1.01750/1.02369.

 

The major support is around 1.00750 and any violation below will drag the USDCHF till 1.00435/1/0.9950 (200- day MA).

 

It is good to buy on dips around 1.008 with SL around 1.0040 for the TP of 1.0175/1.02369.

 

 

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June 19 03:00 UTC Released

NZRBNZ Offshore Holdings

Actual

51.3 0

Forecast

Previous

51.2 0

June 18 23:50 UTC Released

JPTrade Balance Total Yen

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-967.1 Bln JPY

Forecast

-979.2 Bln JPY

Previous

60.4 Bln JPY

January 31 00:00 UTC 725993725993m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 725993725993m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 737813737813m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 725993725993m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 737813737813m

ARTrade Balance

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Forecast

Previous

-1541 %

January 31 00:00 UTC 725993725993m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 725993725993m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 725993725993m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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