Major trend line resistance - 1.02500
USDCHF is consolidating in narrow range between 1.02369 and 1.01740 level for past three trading days. US Conference Board consumer confidence rose to 129.2 in Apr compared to forecast of 126.20. Markets eye US Fed monetary policy for direction. US dollar index continues to trade lower for 4th consecutive days and declined nearly 90 pips from high of 98.33. The pair hits intraday low of 1.0827 and is currently trading around 1.01836.
The near term support is around 1.0174 (10- day MA) and any break below will take the pair to next level till 1.0125/1.0100.
The major resistance is around 1.02500 and any convincing break above targets 1.0300/1.03400.
It is good to sell on rallies around 1.0205-021 with SL around 1.0250 for the TP of 1.0125/1.0100.


Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
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 



