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EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
 - EconoTimes)
USDCHF declined after hitting a minor top of 0.85375. It hit a low of 0.84556 and is currently trading around 0.84631.
Intraday trend is neutral as long as resistance 0.8540 holds.
Technicals-
The pair is trading below 34 and 55 EMA in the 4-hour chart.
The near-term resistance is around 0.84740, a breach above targets 0.8500/0.8540. The immediate support is at 0.8450, any violation below will drag the pair to 0.8435/0.8400/0.83830 /0.8365 (61.% fib projection)/0.8340.
Indicator (4-hour chart)
CCI (14)- Bearish
CCI (50)- Bearish
Average directional movement Index - neutral. Overall trend is mixed.
It is good to sell on rallies around 0.8489-90 with SL around 0.8540 for TP of 0.8400.
