USDCHF holds below 0.7800 on board-based US dollar selling. Having made an intraday low of 0.77715, it is currently trading at 0.77758.
Technical Analysis Points to Further Bearishness
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 0.7800,any break above targets 0.7865/0.7925/0.7960/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7760; any violation below will drag the pair to 0.7000/0.7660/0.7628.
Indicators (4-hour chart)
CCI (50) - Bearish
Directional Movement Index - Bearish
Trading Strategy Recommendation
It is good to sell on rallies around 0.7800 with SL around 0.7865 for a TP of 0.7655/0.7620.


FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair 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/AUD downside pressure builds, key support level in focus
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/CAD bulls continue to hold the higher ground 



