USDCHF is trading higher for 6th consecutive day and jumped more than170 pips on account of easing geopolitical tensions. The trade optimism between US and China has increased demand for risky assets such stocks. The pair has formed a minor bottom around 0.97165 and recovered nearly 2.45% from the low. The pair hits high of 0.99783 and is currently trading around 0.99782.
The near term major resistance is around 1.0010 and any convincing break above targets 1.0068/1.01300. Any break above 1.0130 confirms that pair has formed minor bottom at 0.97169.
On the lower side, near term support is around 0.9925 and any violation below will drag the pair to next level till 0.9870/0.9840/ 0.9790/0.9735/0.9700.
It is good to buy on dips around 0.9920-225 with SL around 0.9865 for the TP of 1.00680.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro- Major European Indices
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro- Woodies Pivot(Major)
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices 



