FxWirePro- Major European Indices 
FxWirePro: USD/CAD extends drop, faces 50%fib support 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro- Major US Indices 
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
FxWirePro: AUD/USD firms as Australian household spending records sharp jump 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
USDCHF pared some of its gains on board-based US dollar selling. Currently trading at 0.80497, it reached an intraday low of 0.8466.
Technical Analysis Points to Further Bullishness
The pair is trading below 55-EMA, the 200 EMA, and above 365 EMA on the 4-hour chart, indicating a mixed trend. The immediate resistance is at 0.8100; any break above targets 0.8150/0.8180/0.8215/0.8250.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8040; any violation below will drag the pair to 0.8020/0.7965/0.7900/0.7860/0.7800.
Indicators (4-hour chart)
CCI (50) - Bearish
Directional Movement Index - Bearish
Trading Strategy Recommendation
It is good to sell on rallies around 0.80650-670 with SL around 0.8100 for a TP of 0.7900.
