USDCHF has traded flat with neutral bias for the past two days. Having made an intraday high of 0.77541, it is currently trading at 0.77389.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA, 200-EMA, and 365-EMA on the 1-hour chart, indicating a bullish trend. The immediate resistance is at 0.7760; any break above targets 0.7800/0.7865/0.7925/0.7965/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7700; any violation below will drag the pair to 0.7660/0.7628/0.7600/0.7540/0.7500.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to buy on dips around 0.7728-30 with SL around 0.76980 for a TP of 0.7865.


FxWirePro: AUD/USD AUD/USD softens as middle east problems compound
FxWirePro: EUR/NZD positions for another climb, eyes 2.0100 level
FxWirePro: USD/JPY slips as Japan intervention risk boosts Yen
Kiwi Retreat: Yen Momentum Targets 90.00 Support
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
Ethereum Trails Bitcoin’s Retreat: Key Support Levels in Focus
FxWirePro: USD/CAD sustains gains as uptrend remains strong
Aussie Eclipse: AUDJPY Slips Below 110.00 as Bearish Momentum Surges
Dollar Dominance: USDCHF Defies Resistance Amid Greenback Surge
Bitcoin Retreats Toward Critical Support as Geopolitical Winds Shift
FxWirePro: USD/ZAR remains buoyant, looks to extend gains
FxWirePro: AUD/USD hovers near two-month low, outlook bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD recovers slightly but downtrend likely to resume
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Woodies Pivot(Major) 



