USDCHF gained sharply on board-based US dollar buying. Having made an intraday high of 0.77549, it is currently trading at 0.77543
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 0.7750; 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 0.7700; any violation below will drag the pair to 0.7660/0.7628/0.7600/0.7540/0.7500.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - Bullish
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.


FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows
FxWirePro -Major European Indices
FxWirePro: USD/ZAR uptrend resumes rise toward key fibo
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets
FxWirePro- Major Crypto levels and bias summary
Sterling Surge: GBPJPY Eyes 214.00 as Yen Weakness Fuels Five-Day Rally
Aussie Ascent: AUDJPY Bulls Target 115.00 Following Broad-Based AUD Buying
FxWirePro:EUR/USD slips as oil supply and conflict fears persist
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists
Bitcoin’s Tug-of-War: Institutional Inflows Battle Technical Resistance at USD 72,500
FxWirePro: USD/JPY edges up, remains on front foot
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips after US CPI data, key support level in focus
FxWirePro: GBP/AUD under pressure , knocking on door of key support 



