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.


GBPJPY 150-Pip Reversal Alert: Fib Fakeout Rejected — Bulls Strong, But Fade the Bounce
FxWirePro: GBP/USD retreats slightly but trend is still bullish
NZDJPY on the Edge: Sell the Bounce as Bears Regroup Below Key EMAs
FxWirePro- Major Crypto levels and bias summary
USDCHF Bears Eye Deeper Slide: Sell Rallies as Cooling US Inflation Fuels Franc Strength
GBPJPY Bottoms Out at 207.56: 150-Pip Surge Signals Sell-on-Rallies Trap
FxWirePro : GBP/NZD hovers around 2.2575 downtrend looks likely to resume
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD bulls lose traction, cannot add to overnight gains
Bitcoin Downtrend Firm: Narrow Consolidation ~$68,710 After Asian Session Ends Weak, No Rebound
FxWirePro: NZD/USD edges lower ahead of key RBNZ policy decision
FxWirePro: EUR/AUD neutral in the near term, scope for further downside
FxWirePro AUD/USD creeps higher, RBA minutes may rekindle rally
FxWirePro: USD/JPY recovers from two-week low , upside limited
AUDJPY Bears Regroup: Sell Rallies as Trendline Bounce Fades 



