The pair is under pressure for the past two days on board-based US dollar weakness. The demand for safe-haven assets like the Swiss franc gained as hopes of diplomacy between Russia and Ukraine faded. It hits an intraday low of 0.92229 and is currently trading around 0.92450.
The private payroll has added 455000 jobs in Mar compared to a forecast of 450000. US GDP rose to a 6.9% annualized rate vs an estimate of 7%.
Bullish scenario-
The primary level to Watch – is 0.92750. Any convincing surge above confirms intraday bullishness. A jump to 0.9345/0.9380/0.9435 is possible.
Bearish scenario-
Intraday support – 0.92080. Break below that level will take the pair to 0.9150/0.9090.
Indicators (4-Hour chart)
Directional movement index – Neutral
CCI (50) - Bearish
It is good to sell on rallies around 0.9248-50 with SL around 0.9300 for a TP of 0.91500.


FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
JPY Action Bias: Bullish Pairs to Watch Out For
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Crypto levels and bias summary 



