Major trend line resistance - 1.02500
USDCHF is consolidating in narrow range between 1.02369 and 1.01740 level for past three trading days. US Conference Board consumer confidence rose to 129.2 in Apr compared to forecast of 126.20. Markets eye US Fed monetary policy for direction. US dollar index continues to trade lower for 4th consecutive days and declined nearly 90 pips from high of 98.33. The pair hits intraday low of 1.0827 and is currently trading around 1.01836.
The near term support is around 1.0174 (10- day MA) and any break below will take the pair to next level till 1.0125/1.0100.
The major resistance is around 1.02500 and any convincing break above targets 1.0300/1.03400.
It is good to sell on rallies around 1.0205-021 with SL around 1.0250 for the TP of 1.0125/1.0100.


Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: AUD/ USD strongly bearish despite upside attempts
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 



