USD/CHF pair edged lower on Tuesday, as the demand for safe heaven assets increased as recent rebound in oil prices and stocks faded. However downside is set to be limited as pair finds strong support at 00.9850.
- The pair is supported by rising trend line in daily chart, the relative index is pointing slightly downside at 47, the 55, 30 and 20 MA's is in neutral territory. Whilst the technical indicators are turning lower limiting the upside in the short term.
- 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 0.9885, a break below this level will take the pair to next level at 0.9850.
Recommendation: Go long around 0.9880, targets 1.0980, 1.0050, SL 0.9780
Support levels: 0.9880, 0.9850, 0.9780
Resistance levels: 1.0000, 1.0046, 1.0077


FxWirePro : USD/JPY holds near 160 as yen remains under pressure
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro- Major Crypto levels and bias summary
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report 



