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Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral 
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
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FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
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FxWirePro- Woodies pivot (Major) 
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FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
USDCHF gained more than 50 pips on board-based US dollar buying. It hit a high of 0.80520 and is currently trading around 0.80520.
Markets eye the US ISM manufacturing PMI for further direction.
Technical Analysis Points to Further Upside
The pair is trading below the 55-EMA, below 2the 00 EMA and 365 EMA on the 1-hour chart, indicating a bullish trend. The immediate resistance is at 0.8060; any break above targets 0.8090/0.8135/0.8170/0.8215/0.8250.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8000; any violation below will drag the pair to 0.7980/0.7920/0.7860/0.7800.
Indicators (1-hour chart)
CCI (50) - Bullish
Directional Movement Index - Bullish
Trading Strategy Recommendation
It is good to buy on dips around 0.8038-40 with a stop-loss at 0.8000 for a TP of 0.8130.
