- USD/CHF is trading flat after a 685 pips dip from high of 0.99770 made on Dec 8th 2017. The pair hits low of 0.9288 and is currently trading around 0.93170.
- The pair is consolidating between 0.9288 and 0.94308 for the past three trading session. USD/CHF upside is capped by 7- day MA (0.9443) and 23.6% fib at 0.94513 for further upside.
- On the lower side, major support stands at 0.92800 and any break below confirms further weakness. Any break below will drag the pair down till 0.9197 (161.8% fib).
- The near term resistance is around 0.9443-0.9450 and any short term reversal only above that level.
- In the daily chart CCI has formed bullish divergence and RSI is in over sold region. So minor jump till 0.9400-0.9420 will be taken as opportunity to sell. But for intraday traders it is good for buy at lower levels.
It is good to buy on dips around 0.9300 with SL around 0.9250 for the TP of 0.9400/0.9435.


FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: USD/ZAR extends decline, scope for further downside
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro: USD/CAD eases slightly but trend is still bullish
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro : EUR/NZD gains upside momentum but still bearish
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
FxWirePro: AUD/USD grinds higher amid risk appetite revival 



