USDCHF trades flat ahead of US economic data. It hit a high of 0.8484 and is currently trading around 0.84748.
The escalation of tension in the Middle East increases demand for safe-haven assets like Swiss franc.
Technicals-
The pair is trading below 34- and 55 EMA in the hourly chart.
The near-term resistance is around 0.84850, a breach above targets 0.8520/08570/0.8605/0.8640. The immediate support is at 0.8440, any violation below will drag the pair to 08400/0.8345.
Indicator (hourly chart)
CCI (14)- Bullish
CCI (50)- Bearish (below -100)
Average directional movement Index - Neutral. The overall trend is mixed.
It is good to sell on rallies around 0.8500 with SL around 0.85425 for a TP of 0.8400.


FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Crypto levels and bias summary
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Crypto levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/USD recovers some ground but bears are not done yet
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Major Pair levels and bias summary 



