• USD/CHF is consolidates in narrow range between 0.99687 and 0.98908 for the past ten working days. It is currently trading around 0.99201 0.27% lower. The pair should close above 200- day MA for minor bullishness.
   
• The near term resistance is around 1.000 and any break above target 1.0024. Any break above 1.0024 will take the pair till 1.00413 (61.8% retracement of 1.03435 and 0.98135)/1.0120/1.0170.On the lower side , support stands at 0.9860 and any decline below that will drag the pair till 0.9800.
  
  It is good to sell on rallies around 0.9955-0.9960 with SL around 1.000 for the TP of 0.9860/0.9825.