Pattern formed- Falling wedge
USDCHF is consolidating in narrow range between 0.98628 and 0.99700 for past four trading days. Markets shown a recovery after dovish SNB monetary statement.SNB has kept its target range for the three-month LIBOR at -1.25% to -0.25% and deposit rate fixed at 0.75%. The central bank considered Swiss franc “highly valued” and cuts its inflation ,growth forecast . It is currently trading around 0.99472.
The near term major resistance is around 0.99635 (falling wedge break out) and any convincing break above targets 1.0010/1.00680. Any violation above 1.013 confirms minor trend reversal.
On the lower side ,support is around 0.9880 and any violation below will take the pair to next level till 0.9845/0.9800.
It is good to buy on dips around 0.99625-650 with SL around 0.9920 for the TP of 1.010.
Resistance
R1- 0.9965
R2 - 1.0010
R3- 1.00680
Support
S1- 0.9920
S2- 0.9880
S3- 0.9845


FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 



