USDCHF trades flat as market eyes US-China trade talks. It hit a high of 0.82260 at the time of writing and is currently trading around 0.82119. Intraday bias appears to be bearish as long as the resistance 0.8250 holds.
Technical Analysis Points to Further Upside
The pair is trading below the 55-EMA, below 200 EMA and 365 EMA on the 4-hour chart indicating a mixed trend. The immediate resistance is at 0.8250 any break above targets 0.8300/0.8345/0.8375/0.8435/0.8480.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8150, any violation below will drag the pair to 0.8135/0.8090/0.8000.
Indicators (4-Hour)
CCI (50) - Bearish
Directional movement Index - Bearish
Trading Strategy Recommendation
It is good to sell on rallies around 0.8218-220 with a stop-loss at 0.82500 for a TP of 0.8090.


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: USD/JPY dips below lower range, bearish bias increases
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD slide lower shifts pressure to the downside 



