USD/CHF has once again recovered from low of 0.99075 and shown more than 50 pips jump. The pair is struggling to break above parity level 1.000.It hits intraday high of 0.99587 and started to decline.The pair is trading narrow range but bias is on downside after Fed monetary policy.According Fedwatch tool highest probability of hike by Fed this year is at 9% 3Q19 and chance of rate cut is at 30% chance in Q1 2020. US-China trade talks and Brexit uncertainty also supports Swiss franc. The pair is currently trading around 0.99233.
The near term major resistance is around 0.9960 and any convincing break above targets 0.9975/1.0010. Any break above 1.0010 confirms minor trend reversal and a jump till 1.00680/1.0130 is possible.
On the lower side, near term support is around 0.9900 (200- day MA) and any break below targets 0.9840/0.9800.
It is good to sell on rallies around 0.9950-55 with SL around 1.000 for the TP of 0.9845/0.9800.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro- Major Crypto levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro- Woodies pivot (Major)
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: GBP/USD rises as soft US data pressures dollar
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 



