Major resistance 0.99580-60 (200- day MA)
USDCHF is trading in narrow range between 0.98502 and 0.99365 for past three trading days.US dollar index was trading weak due to rate cut hopes on weak economic data especially US Non farm payroll data.US yield is trading on lower side and yield curve is still inverted with spread between US 10 year and 3 month narrowed slightly from 28 basis point from 13 basis point. Markets eye US CPI data for further direction. It is currently trading around 0.99123.
On the higher side, near term resistance is around 0.9958 and any break above will take the pair to next level till 0.9980/1.000/1.0025
The near term support is at 0.9840 and any violation below will take the pair to next level till 0.9780/0.9750.
It is good to sell on rallies around 0.9945-50 with SL around 1.000 for the TP of 0.9845.


FxWirePro- Major Crypto levels and bias summary
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback 



