• Major resistance – 1.0030 (7- day MA).
   
• Major support – 0.9914 (200 –day MA).
   
• USD/CHF has shown a minor jump till 1.000 and declined from that level.  It is currently trading around 0.99538.
   
• The pair should break above 1.0030 for minor jump till 1.0060/1.0100.
   
• On the lower side, 0.9914 will be acting as immediate support and any break below will drag the pair down till 0.9860.The minor support is around 0.99295.
   
• Minor bullish invalidation only below 0.98600.
  
  It is good to sell on rallies around 0.9980-85 with SL around 1.0030 for the TP of 0.9915/0.9860