USDCHF gained more than 50 pips despite tariff uncertainty. Having made an intraday high of 0.77683, it is currently trading at 0.77631.
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 0.7775; 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 0.7735; any violation below will drag the pair to 0.7700/0.7660/0.7628/0.7600/0.7540/0.7500.
Indicators (1-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.


NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro- Woodies Pivot (Major)
FxWirePro:EUR/NZD bears maintain upper hand
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot (Major)
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 



