USD/CHF breaks major resistance 0.9960, targets 1.00725
Tuesday, February 23, 2016 3:16 AM UTC
- Major resistance - 0.9960 (trend line joining 1.00739 and 0.99685)
- Major support - 0.9900
- The pair has broken major resistance 0.9960 and jumped till 0.9996. It is currently trading around 0.99769.
- On the higher side the pair is facing resistance around 1.000 and break above targets 1.0035/1.00729.
- Short term trend is slightly bullish as long as support 0.9900 holds.
- Any break below 0.9900 will drag the pair till 0.9850/0.9780.
It is good to buy at dips around 0.9965-0.9970 with SL around 0.9900 for the TP of 1.00350/1.00725
FxWirePro- Woodies Pivot(Major) 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro:EUR/AUD eases but bullish outlook persists 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major European Indices 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
