• The USD/CHF pair rallied initially towards 1.0292 levels after ADP Employment data from US market printed positive figures, However after the market stabilized from the impact of the data release, the pair is turned back towards 1.0242 support level. 
   
• The pair continues to remains under strong bulls control unless until it trades above 1.0200 levels, therefore it is good to buy this pair on dips.
   
• The pair is trading around 1.0268 levels and it is expected advance further towards 1.0300 and 1.0350 levels in the short term.
   
• To the upside, the strong resistance can be seen at 1.0288, a break above this level would take the pair towards next resistance level at 1.0344.
   
• To the downside immediate support can be seen 1.0242, a break below this level will take the pair to next level at 1.0195.
  
  Recommendation: Go long above 1.0245, targets 1.0300, 1.0350, SL 1.0195
  
  Resistance Levels
  
  R1: 1.0288 (38.2% Retracement level)
  
  R2: 1.0320 (Nov 30th high)
  
  R3: 1.0344 (23.6% Retracement level)
  
  Support Levels
  
  S1: 1.0242 (50% Retracement level)
  
  S2: 1.0195 (61.8% Retracement level)
  
  S3: 1.0144 (Nov 25th lows)