USDCHF is trading lower and lost more than 100 pips from high of 1.00865. The decline was mainly due to ongoing trade war. US will be imposing tariff to Mexico imports due to illegal immigrants to US. US 10 year bond yield declining sharply and hits lowest level since Sep 2017. The yield curve has inverted and spread has widened more than 20 basis point. The pair hits intraday low of 0.99723 and is currently trading around 0.99700.
On the lower side, major support is around 0.9965 and any violation below targets 0.99920/0.9895.
The major resistance is around 1.0025 and any convincing break above will take the pair to next level till 1.0050/1.0075. The pair should cross 1.01200 for further bullishness.
It is good to sell on rallies around 1.000 with SL around 1.00250 for the TP of 0.9900.


FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro- Major Crypto levels and bias summary
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 



