• USD/CHF has slightly recovered after making a low of 0.9855 on Friday. It is currently trading around 0.99299 0.59% higher. The pair should close above 200- day MA for minor bullishness.
   
• The minor jump from 0.95495 and 1.03436 will come to an end if it breaks below 0.98120. The decline from 1.0170 will come to an end if the pair breaks above 1.000.
   
• The near term resistance is around 1.000 and any break above target 1.0024. Any break above 1.0024 will take the pair till 1.00413 (61.8% retracement of 1.03435 and 0.98135)/1.0120/1.0170.On the lower side ,support stands at 0.98135 and any decline below that will drag the pair till 0.9755.
  
  It is good to sell on rallies around 0.9960-0.9965 with SL around 1.000 for the TP of 0.9860/0.9820.