FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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- USD/CHF has rallied sharply for the second consecutive day after forming temporary bottom around 0.94217. The pair jumped till 0.95740 at the time of writing and is currently trading around 0.95570.
- The decline from 1.0340 will come to an end only if it breaks above 0.97730 level. The near term resistance is around 0.9599 (20- day MA) and minor bullishness can be seen only above that level.
- Market awaits SNB monetary policy meeting on Sep 14th 2017 for further direction. SNB is expected to keep its interest rates unchanged on account rising geo political tensions and low inflation.
- Any break above 0.9599 will take the pair to next level till 0.9635 (55- day EMA). Short term bullishness only above 0.9680.Aby break above 0.9680 will take the pair to next level till 0.97730.
It is good to buy on dips around 0.9530 with SL around 0.9480 for the TP of 0.9630/0.9675.
