USDCHF gained above 0.7960 after mixed US economic data. It touched an intraday high of 0.79727 and is now trading at 0.79644.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA,below 200-EMA, and 365 EMA on the 4-hour chart, indicating a mixed trend. The immediate resistance is at 0.79750; any break above targets 0.8000/0.8040/0.8090/0.8150/0.82180.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7920; any violation below will drag the pair to 0.7860/0.7800/0.7770.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.7965 with SL around 0.8000 for a TP of 0.7800.


FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD extends fall, key support lies ahead
FxWirePro: GBP/NZD gains some upside momentum but still bearish
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High 



