The USD/CHF rebounded from 0.9965 levels to hit high at 0.9983 levels, after Swiss retail sales printed negative figures in early European session. However after US session open the pair has continued to consolidate around 0.9987 levels.
- The short term picture depicts more bullish trend for this pair, as the pair is supported by rising trend line in 1 hour chart, the relative index is pointing upwards at 57, the 55, 30 and 20 MA's is indicating upward momentum . Overall the technical indicators are depicting upside for this pair.
- To the upside, the strong resistance can be seen at 1.0000, a break above this level would take the pair towards next resistance level at 1.0046.
- To the downside strong support can be seen 0.9970, a break below this level will take the pair to next level at 0.9955.
Recommendation: Go long around 0.9970, targets 1.0050, 1.0100, SL 0.9880
Support levels: 0.9955, 0.9950, 0.9930
Resistance levels: 1.0000, 1.0046, 1.0077


FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data 



