USDCHF has shown a minor recovery for the day after hitting a low of 0.99073 at the time of writing. It has formed a minor bottom around 0.98415 and shown a good jump of more than 70 pips on slight easing of Geopolitical uncertainty which has decreased hopes of Safe-haven assets like yen, Swiss franc. It is currently trading around 0.99246. But Brexit risks and development in US-Sino trade talks is the factor to be watched for further movement.
On the flip side, near term support is around 0.9900 and any violation below will drag the pair down till 0.9840/0.9800. Major reversal only below 0.9800 level.
The near-term resistance is around 0.99525 and breaks above targets 0.9978/1.000. Bullish continuation only above 1.0030.
It is good to buy on dips around 0.9910-125 with SL around 0.9865 for the TP of 0.9990.


FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/NZD stuck in range but outlook is bullish
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro- Major European Indices
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



