Major support - 0.9850
USD/CHF is trading weak after a long consolidation between 1.00434 and 0.99031 for past 8 days. The pair breaks major support 0.9900 and declined till 0.98692 at the time of writing. It is currently trading around 0.98800.
The pair has closed below trend line support yesterday and any continuous close below confirm will drag the pair down till 0.9828 (100- day MA)/0.9755 (200- day MA).
The near term resistance is around 0.99168 (23.6% fib) and any break above will take the pair to next level till 0.9946 (20- day MA)/0.9978 (Jul 27th 2018).1/1.00450. The pair should break above 1.00680.
It is good to sell on rallies around 0.9900-05 with SL around 0.9950 for the TP of 0.9755.


FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 



