- USD/CHF has shown a minor selling after hitting high of 0.98812 yesterday and has broken major resistance 0.9865 and closed slightly below that level. But the pair is still trading above trend line resistance. Short term trend is still bullish as long as support 0.9705 holds. The intraday weakness can be seen below 0.9770 level. It is currently trading around 0.98570. The main reason for dip in Swiss franc was mainly due to easing geo political tensions in North Korea which has reduced demand for safe haven assets.
- On the lower side, near term support is around 0.9775 (10- day MA) and any break below will drag the pair to next level till 0.9730/0.9705/0.9680. Short term bearish continuation only below 0.9640. Overall long term support is around 0.9420.
- The near term resistance is around 0.9865 and any convincing break above will take the pair to next level till 0.9900/0.9950.
It is good to buy on dips around 0.9820 with SL around 0.9770 for the TP of 0.9900/0.9990.


FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro- Major European Indices
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro- Major European Indices
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 



