USDCHF has shown a huge recovery of more than 50 pips for the day from low of 1.00480. The main reason for the jump is broad-based dollar buying after hawkish Fed monetary policy and slightly easing geo political issues. The pair hits high of 1.01033 after breaking high 1.00940 made on Oct 31st 2018 and is currently trading around 1.00961.
Short term trend is bullish as long as support 1.00370 (7-day MA) holds. The near term support is around 1.00370 and any break below targets 1.000/0.9950. THE minor support is around 1.00690 (23.6% fib).
The pair jump above 1.0100 confirms bullish continuation and a jump till 1.0170/1.0340 is possible.
It is good to buy on dips around 1.0060 with SL around 1.000 for the TP of 1.017/1.0340.


FxWirePro- Major Crypto levels and bias summary
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro- Major European Indices
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: USD/JPY holds range near 160 as intervention risks loom 



