USDCHF has shown a sharp recovery of more than 100 pips from low of 0.99525. The main reason for the jump is easing geopolitical tensions and broad based dollar buying after hawkish Fed monetary policy. The pair hits high of 1.00755 and is currently trading around 1.00735.
Short term trend is bullish as long as support 0.9950 holds. The near term support is around 1.00340 and any break below targets 1.000/0.9950.
The pair made a high of 1.00681 and started to decline sharply from that eve. It has broken 1.00680 for the second time and this confirms minor bullishness. Any break above 1.00949 made on Oct 31st 2018 confirms bullish continuation and jump till 1.017/1.03400.
It is good to buy on dips around 1.0060 with SL around 1.000 for the TP of 1.017/1.0340.


FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: EUR/NZD edges lower but bullish outlook persists
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 



