USDCHF gained slightly as US inflation cools. Having made an intraday low of 0.76704, it is currently trading at 0.76833.
Technical Analysis Points to Further Bullishness
The pair is trading below the 55-EMA, 200-EMA, and 365-EMA on the 4-hour chart, indicating a bearish trend. The immediate resistance is at 0.77250; any break above targets 0.7755/0.7800/0.7865/0.7925/0.7965/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7660; any violation below will drag the pair to 0.7628/0.7600/0.7540/0.7500.
Indicators (4-hour chart)
CCI (50) - Bearish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.7728-30 with SL around 0.7785 for a TP of 0.7500.


AUDJPY Bears Regroup: Sell Rallies as Trendline Bounce Fades
FxWirePro : GBP/NZD hovers around 2.2575 downtrend looks likely to resume
FxWirePro- Woodies Pivot(Major)
Ethereum’s $1907 Bounce Wilts – Sell the $2048–2050 Rally for $1500
FxWirePro: GBP/USD retreats slightly but trend is still bullish
USD/CHF Bear Trap? Sell the Bounce at 0.7730 Toward Fresh Lows
Bitcoin’s Weak Bounce Fades – Sell Rallies Near $70K Still in Play
EURJPY Bears Hold the Line: Sell Rallies Below 183 as Trendline Support Tested
Bearish Clouds Over EUR/JPY: 183 Is the Line in the Sand
FxWirePro: EUR/AUD neutral in the near term, scope for further downside
FxWirePro: NZD/USD bulls lose traction, cannot add to overnight gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
GBPJPY Bottoms Out at 207.56: 150-Pip Surge Signals Sell-on-Rallies Trap 



