• Major resistance – 1.0180 (trend line joining 1.01187 and 1.01405).
   
• Major support – 0.9960 (Feb 16th low).


• USD/CHF broken major trend line support at 1.00600 yesterday and declined sharply till 0.99695 from that level. It is currently trading around 0.99675.
   
• The pair should break above 1.00600 (support turned into resistance) for minor bullishness till 1.0110 (10- day MA).
   
• On the lower side, 0.9960 will be acting as immediate support and any break below will drag the pair down till 0.9908 (200- day MA).
  
  It is good to buy on dips around 0.99625-0.99650 with SL around 0.9908 for the TP of 1.00179/1.0040