USDCHF has declined more than 50 pips from yesterday’s high of 0.9989. Swiss franc was trading higher against all majors on increasing safe demand. The global sell-off and Brexit uncertainty has increased demand for safe haven. Swiss franc has lost more than 100 pips in previous week on slightly dovish SNB monetary policy. Markets eye US fed monetary policy for further direction.It is currently trading around 0.99345.
The near term major resistance is around 0.9943 (55-EMA) and any convincing break above targets 1.0010/1.00680. Any violation above 1.013 confirms minor trend reversal.
On the lower side ,support is around 0.9920 and any violation below will take the pair to next level till 0.9900/0.9880/0.9845.
It is good to buy on dips around 0.9900 with SL around 0.9860 for the TP of 1.010.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: AUD/USD cedes early gains ,outlook bearish
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: AUD/USD gains some ground but outlook is bearish
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 



