Major resistance - 0.99525
USDCHF has lost nearly 80 pips after hitting a high of 0.99467. The main reason for the decline is due to broad-based US dollar selling. US CPI came at 1.7% compared to an estimate of 1.8% y/y and weekly initial jobless at 204K vs forecast 205K. Markets eye US retail sales data which is to be released today for further direction. The pair hits low of 0.98596 and is currently trading around 0.9865.
On the flip side near term support is around 0.9840 and any violation below targets 0.9800/0.9770. Major trend reversal only below 0.9660.
The major resistance to be watched is 0.99525 (200- day MA) and any bullish continuation only above that level, break above targets 1.000/1.01500.
It is good to sell on rallies around 0.9908-100 with SL around 0.99525 for the TP of 0.9800.


EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro- Major Crypto levels and bias summary
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 



