USDCHF is exhibiting a slight sell-off amid easing geopolitical tensions and is meeting significant trend-line resistance around 0.79800–0.79850. It is now trading at 0.79614, having reached a high of 0.79842
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 0.8000, any break above targets 0.8040/0.8090/0.8150.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7925; any violation below will drag the pair to 0.7865/0.7800/0.7765/0.7000/0.7660/0.7628.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - neutral
Trading Strategy Recommendation
It is good to buy above 0.8000 with SL around 0.7948 for a TP of 0.8150.


FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot (Major)
AUDJPY Surges to One-Month High on Australian Dollar Strength
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro- Major Pair levels and bias summary
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro- Woodies Pivot (Major)
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech 



