• Major support – 0.99575 (38.2% retracement of 0.95493 and 1.03436)
   
• Major resistance – 1.0042 (10- day MA)
   
• USD/CHF has formed a bottom near 0.9960 and any slight weakness can be seen only below that level. It is currently trading around 0.99778.
   
• The pair upside is capped by 10- day MA and any break above targets 1.0080/1.01220.
   
• On the lower side, any break below 0.99575 will drag the pair till 0.9925 (200- day EMA)/0.9860 (200- day MA).
  
  It is good to sell below 0.99575 with SL around 1.0005 for the TP of 0.9860