USDCHF showed a minor pullback after a slight sell-off. Having made a low of 0.7735 yesterday, it is currently trading at 0.78890.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA, 200-EMA, and 365-EMA on the 4-hour chart, indicating a bullish trend. The immediate resistance is at 0.7925; any break above targets 0.7965/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7830; any violation below will drag the pair to 0.7800/0.7765/0.7000/0.7660/0.7628.
Indicators (4-hour chart)
CCI (50) - Neutral
Directional Movement Index - neutral
Trading Strategy Recommendation
It is good to buy on dips around 0.7848-50 with SL around 0.7800 for a TP of 0.7965/0.8000.


FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 



