- Pair is currently trading at 0.9875 levels.
- It made intraday high at 0.9898 and low at 0.9875 levels.
- Pair rejects the 0.99 marks and took reversal from yesterday's high.
- A daily close above key resistance at 1.0073 levels will turn bias to bullish.
- On the other side, recent downfall will take the parity towards major support level at 0.9661 and 0.9475 thereafter.
- Initial resistance levels are seen at 0.9898, 0.9972 and 1.0073 marks.
- On the down side, key support levels are falls at 0.9714, 0.9661 and 0.9475 levels.
Trading Call:
Short USD/CHF at current rate around 0.9880, stop loss 1.0073 and target 0.9661levels.
