• Major support – 0.98600 (200- day MA)
   
• Major resistance – 1.0018 (21- day MA)
   
• USD/CHF broken pschycological resistance at 1.000 and jumped slightly till 1.00069 at the time of writing. It is currently trading around 0.99906.
   
• The near term resistance is around 1.00180 (21- day MA) and any break above will take the pair till 1.00448 (38.2% retracement of 1.03435 and 0.98611)/1.0098 (daily Kijun-Sen).
   
• On the lower side, major support is around 0.98600 (200- day MA) and any break below targets 0.9799 (61.8% retracement of 0.95493 and 1.03435)/0.9750.The minor support is around 0.9900.
   
• Overall bullish invalidation only below 0.94430.
  
  
  It is good to buy on dips around 0.9950-0.9955 with SL around 0.9900 for the TP of 1.0440/1.0090