USDCHF has halted its two days of continuous selling and shown a good recovery of more than 80 pips from low of 0.98409. Swiss franc was trading higher for past two day against all majors on increasing safe demand . The global sell-off and Brexit uncertainty has increased demand for safe haven. US Fed was slightly dovish and has reduced rate hike form 3 to 2 for 2019.Markets eye US final GDP for further direction. It is currently trading around 0.99268.
The near term major resistance is around 0.9940 (55-EMA) and any convincing break above targets 1.0010/1.00680. Any violation above 1.013 confirms minor trend reversal.
On the lower side ,support is around 0.9880 and any violation below will take the pair to next level till 0.9845.
It is good to buy on dips around 0.9900 with SL around 0.9860 for the TP of 1.010.


FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro- Woodies pivot (Major)
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113 



