Major resistance - 1.0010
USD/CHF was trading lower for 3rd consecutive day on account of global stock market selling and declining 10-year yield. US Non Farm Payroll data which has been released on Friday came slightly weaker than expected. The huge sell-off in stock markets especially S&P500 has lost more than 3% on weak US bond yield and escalation of new tension between US and China is one of main reason for jump in Swiss franc. The pair hitting intraday low of 0.98700. It is currently trading around 0.98830.
On the lower side, near term support is around 0.98850. Any convincing break below will drag the pair till 0.9840 (200- day MA)/0.9800.Any daily close below 0.9840 confirms bearish continuation.
The major resistance is around 0.9920 and any break above targets 0.9950/0.9970 1.0010. The pair should break above 1.010 for the further bullishness.
It is good to sell on rallies around 0.9928-30 with SL around 0.9970 for the TP of 0.9845.


FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: USD/CNY gains some ground but bearish outlook persists
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 



