The pair is trading flat after hitting a 28-month high at 0.99750. According to the CME Fed watch tool, the probability of a 50 bpbs rate hike declined to 86% compared to 90.5% a week ago. Markets eye US CPI data for further direction. USDCHF hits an intraday low of 0.99381 and is currently trading around 0.99451.
Bullish scenario-
The primary level to Watch – is 1.00. Any convincing surge above confirms intraday bullishness. A jump to 1.00276/1.0050/1.0100 is possible.
Bearish scenario-
Intraday support – 0.9900. Break below that level will take the pair to 0.9850/0.9800.
Indicators (Daily chart)
Directional movement index – Bullish
CCI (50) - Bullish
It is good to buy on dips around 0.9900 with SL around 0.9840 for a TP of 1.00.


NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: USD/ZAR retreats slightly but bias is bullish
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro- Major Pair levels and bias summary 



