USDCHF has once again declined after a jump till 1.00981. US President Trump said that US will impose 5% tariff on Mexican imports from Jun 10th and it will increase to 25% in the coming months if Mexico does not take action to “reduce or eliminate number of illegal aliens”. US 10 year yield is trading lower after shown a minor recovery of more than 3% and hits 20-month low.It is trading around 2.179%. The spread between US 3 month and 10 year yield has widened sharply nearly 18 basis point. The pair hits intraday low of 1.00500 and is currently trading around 1.00609.
The near term major resistance is around 1.0100 and any violation above will take the pair to next 1.0125. Major bullishness only above 1.01250.
On the lower side, near term support is around 1.0050 and any convincing break below targets 1/0.9958.
It is good to sell on rallies around 1.0080-85 with SL around 1.0125 for the TP of 1/0.9958.


FxWirePro- Major Crypto levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD gains some ground but outlook is bearish 



