USDCHF has shown a sharp recovery of more than 100 pips from low of 0.99525. The main reason for the jump is easing geopolitical tensions and broad based dollar buying after hawkish Fed monetary policy. The pair hits high of 1.00755 and is currently trading around 1.00735.
Short term trend is bullish as long as support 0.9950 holds. The near term support is around 1.00340 and any break below targets 1.000/0.9950.
The pair made a high of 1.00681 and started to decline sharply from that eve. It has broken 1.00680 for the second time and this confirms minor bullishness. Any break above 1.00949 made on Oct 31st 2018 confirms bullish continuation and jump till 1.017/1.03400.
It is good to buy on dips around 1.0060 with SL around 1.000 for the TP of 1.017/1.0340.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro- Woodies pivot (Major)
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
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



