FxWirePro- Major Crypto levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD recovers slightly but bearish outlook persists 
GBP Weakness Fuels EURGBP Pullback: Sell Rallies to 0.8700 
FxWirePro: USDJPY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: GBP/AUD momentum strongly bearish despite pause in losses 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD maintains bullish bias with focus on 0.6800 level 
EUR/GBP Holds the Line: Buy the Dip Before the Breakout? 
USDCHF had a double bottom around 0.7870 and experienced a modest retracement above the 0.7900 level. With an intraday high of 0.79312, it is presently trading at 0.79170. Any infraction under 0.7860 confirms more bearishness.
Technical Analysis Points to Further Bullishness
The pair is trading below the 55-EMA,200-EMA, and 365-EMA on the 4-hour chart, indicating a bearish trend. The immediate resistance is at 0.7965; any break above targets 0.8000/0.8040/0.8070/0.8090/0.8150/0.82180.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7860; any violation below will drag the pair to 0.7800/0.7770.
Indicators (4-hour chart)
CCI (50) - Bearish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.7968-70 with SL around 0.8000 for a TP of 0.7860.
