USDCHF has traded in a narrow range between 0.8102 and 0.79961 for the past four days. Currently trading at 0.80461, it reached an intraday high of 0.80530.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA, the 200-EMA, and the 365-EMA on the 4-hour chart, indicating a bullish trend. The immediate resistance is at 0.80580; any break above targets 0.8105/0.8150/0.82180.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8020; any violation below will drag the pair to 0.800/0.7965/ 0.7920/0.7865/0.7800.
Indicators (4-hour chart)
CCI (50) - Bearish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.8048-50 with SL around 0.8090 for a TP of 0.7965.


FxWirePro: NZD/USD slides further as outlook continues to deteriorate
Dollar Resurgence Propels USDCHF Above 0.8000: Technicals Signal Continued Bullish Momentum Toward 0.8150
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
Sterling Slide: GBPJPY Breaks Critical Support as Bears Take Control
Euro Retreat: EURUSD Slips Toward 1.14 as Dollar Strength Resurges
FxWirePro: USD/ZAR remains buoyant, looks to extend gains
Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity
Ethereum Reclaims $2,000 Handle: ETHUSD Stabilizes as Bulls Eye a Recovery
Sterling’s Six-Week Streak Snaps: GBPJPY Slumps Toward 210.00 as Bearish Momentum Intensifies
FxWirePro: EUR/NZD loses momentum but bullish setup remains
Bitcoin on Edge: Geopolitical Tensions Weigh on BTC as Bulls Eye the USD 64,000 "Buy the Dip" Zone
Bitcoin’s High-Stakes Volatility: BTCUSD Navigates Geopolitical Storms
FxWirePro: EUR/USD slips as Iran conflict fuels inflation fears 



