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Major resistance - 0.9730 (200- H MA)
USD/CHF minor jump got halted near 0.9750 and once again started to decline from that level. Intraday trend is weak as long as resistance 0.9730 (200-H MA) holds. Any hourly close above 0.9730 will take the pair to next level till 0.9755/0.9790.
On the lower side , any break below 0.9690 will drag the pair down till0.9650/0.9600. Swiss franc is trading higher against all major on account safe haven demand due to trade war worries between US- China ,NAFTA and Emerging market turmoil.
The selling from 1.00680 will get completed at 0.9650 only when the pair trades well above 0.9855 level.
It is good to sell on rallies around 0.9710-125 with SL around 0.9760 for the TP of 0.9600
