JPY Action Bias: Bullish Pairs to Watch Out For 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
Intraday bias - Bearish
USDCHF continues to trade lower after a minor jump above 0.9700. The Swiss franc performed very well against all majors as Swiss National Bank hiked rates surprisingly by 50bpbs. Technically in the 4-hour chart, the pair is holding below the short-term (21- and 55 EMA) and long-term moving average of 200 EMA (0.97870). Any close below 0.9600 confirms intraday bearishness. A dip to 0.9550/0.9500 is possible. USDCHF hits an intraday low of 0.96433 and is currently trading around 0.96722.
The near-term resistance is around 0.9730 any breach above targets 0.9780/0.9865.
Indicators (4- Hour chart)
CCI (50)- Bearish
ADX- Bearish
It is good to sell on rallies around 0.9660 with SL around 0.9725 for TP of 0.9500.
