USDCHF is consolidating in a narrow range after forming a temporary top around 0.78174. Having made a low of 0.77424 yesterday, it is currently trading at 0.77797.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA and 200-EMA and below 3the 65-EMA on the 1-hour chart, indicating a mixed trend. The immediate resistance is at 0.7825; any break above targets 0.7865/0.7925/0.7965/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7740; any violation below will drag the pair to 0.7700/0.7660/0.7600/0.7540/0.7500.
Indicators (1-hour chart)
CCI (50) - Bullish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to buy on dips around 0.7748-50 with SL around 0.7700 for a TP of 0.7900.


FxWirePro- Major European Indices
Bitcoin’s Tug-of-War: Institutional Inflows Battle Technical Resistance at USD 72,500
FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists
Aussie Ascent: AUDJPY Bulls Target 115.00 Following Broad-Based AUD Buying
FxWirePro: USD/JPY edges up, remains on front foot
AUDJPY Bullish Momentum Pauses: Profit Booking Offers Fresh Entry Window Near 112.50
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets
FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Major Crypto levels and bias summary
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
FxWirePro: GBP/AUD under pressure , knocking on door of key support
FxWirePro: GBP/USD dips after US CPI data, key support level in focus 



