FxWirePro- Major Crypto levels and bias summary 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout 
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700 
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
FxWirePro- Major Crypto levels and bias summary 
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: USD/ZAR sell bias remains below key resistance zone 
HIGHUSD surged more than 15% today after a massive sell-off from high of $9.31. The pair surged more than 100% from a minor bottom $0.344 in past two weeks. It hits an high of $0.77 at the time of writing and is currently trading around $0.639.
Overall bias remains bullish as long as support $0.30 holds. It trades above the 34 and 55 EMA on the 4-hour chart. Near-term support is around $0.58 , any breach below targets $0.48/$0.40. If the pair closes below $0.20, potentially leading to further declines towards $0.15/$0.10.
Immediate Resistance is at $0.80. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $1.05/$1.15/$1.38/$1.65.
Indicators (4-Hour Chart)
- Directional Movement Index: Bullish
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $0.55 with a stop-loss set at $0.40 and a target price of $0.635.
