• Major support – 0.99140 (Trend line joining 0.95370 and 0.96788 and 200- day MA).
   
• Major intraday resistance – 0.9960 (support turned into resistance).
   
• USD/CHF has shown minor decline till 0.9880 after breaking major support at 0.99140.The pair shown a dip till 0.99218 yesterday and is currently trading around 0.99247.
   
• On the lower side, major support is around 0.9860 and any close below will drag the pair  till 0.97850 (61.8% retracement of 0.95370 and 1.01700).
• The minor jump from 0.95370 and 1.03435 will come to end if the pair breaks below 0.98600 level.
   
• The near term resistance is around 0.9960 (support turned into resistance) and any break above will take the pair till 1.000/1.0040 (10- day MA)/1.0060.
  
  It is good to buy on dips around 0.9915 with SL around 0.9860 for the TP of 0.9900/1.0040.