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FxWirePro- Woodies pivot (Major) 
- USD/CHF has shown a good recovery after hitting low of 0.9425. The pair jumped till 0.9520 yesterday slightly near to the high of 0.95345 (Mar 9th 2018 high). It is currently trading around 0.94965.
- US economic data released yesterday was slightly better than expected. US Philly, Empire manufacturing shows solid growth as both gauges are well above zero. The Philly Fed manufacturing index came at 22.3 in March compared to forecast of 23 and Empire state manufacturing index jumped to 22.5 in Mar from 13.1 in Feb. Market eyes US building permit and housing starts for further direction.
- Technically, in the daily chart the pair is facing strong resistance at 0.9550 and any break above will take the pair to next level till 0.9600/0.9620./0.96650.
- On the lower side, near term support is around 0.9480 and any break below will take the pair to next level till 09450(10- day MA)/ 0.9380/0.9350. The major support is around 0.92510.
It is good to buy on dips around 0.9465-70 with SL around 0.9430 for the TP of 0.9550/0.9600.
