USD/CHF has once again recovered sharply after hitting low of 0.9895. It hits high of 0.99750 and started to decline from that level. US dollar index was trading higher and has jumped more than 100 pip after breaking major resistance at 95.65. The rise in geopolitical tensions due to Turkey is supporting Swiss franc. The Turkish lira hits new record low in the Asian trade after Donald Trump approved to double metals tariffs on Turkey. USDTRY hits high of 7.016 at the time of writing and is currently trading at 6.920.The policy divergence will prevent the downside of USD/CHF.
The near term resistance is around 0.99780 and any break above will take the pair to next level till 1.000/1.00680. Any bullish continuation only above 1.00680.
On the lower side, minor support is around 0.9920 and any violation below will drag the pair down till 0.9900/0.9860/0.9835 (100- day MA)/0.9780 (Jun 7th 2018 low)/0.9755.
It is good to buy on dips around 0.9915-20 with SL around 0.9870 for the TP of 1.000/1.00680.


FxWirePro: AUD/USD firms after upbeat consumer spending data
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



