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.


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Crypto levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Major Pair levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 



