USD/CHF has broken major trend line support 0.9675 and break below confirms weakness, a decline till 0.9595/0.9550 cannot be ruled out.
- USD has declined against all major currencies after dovish FOMC minutes statement. The rate hike is expected to happen this year but timing is uncertain as strong dollar, lagging inflation and Chinese developments are threatening US economy.
- Additionally, most of the FOMC members agreed that "the conditions for policy firming had not yet been achieved, but they noted that conditions were approaching that point."
- Intraday trend reversal only above 0.9725 and break above targets 0.9770/0.9800 level.
- On the downside major support is around 0.9640 and break below will drag the pair further down till 0.9595/0.9550.
It is good to sell on rallies around 0.9665-0.9670 with SL around 0.9725 for the TP of 0.9595/0.9550


BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro: USD/CAD neutral in the near term, scope for further upside
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro- Woodies Pivot (Major)
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: AUD/USD firms after RBA governor Bullock comments
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level 



