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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro- Major Crypto levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
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USDCHF trades higher for 5th consecutive days and jumped more than 120 pips from minor bottom 0.98060 made on Sep 4th, 2019. The Swiss franc demand got slightly reduced on US-China trade optimism. US 10-year yield shown a massive recovery of more than 20% this month and spread got widened to 5 bps from -5 bps. It hits intraday high 0.99408 and is currently trading around 0.99359.
Markets eye US PPI and CPI data which is to released this week for further direction. Technically the pair will be facing strong resistance around 0.99525 (200- day MA) and any convincing break above will take the pair till 1.000/1.0020.
On the flip side, near term intraday support is around 0.9900 and any violation below will drag the pair to the next level till 0.9880 (200- H MA)/0.9840 (trend line support).
It is good to buy on dips around 0.9928-30 with SL around 0.9900 for the TP of 1.000.
