Major Intraday resistance -0.9180
Intraday support- 0.9100
The pair is trading in a narrow range between 0.90848 and 0.91757 for the past week. It rose 0.6% in October in line with a forecast of 0.6%. The yearly PPI increased 8.6%, the highest annual pace in 11 years. Markets eye US CPI and Unemployment claims for further direction.USDCHF hits an intraday high of 0.91389 and is currently trading around 0.91367.
Woodies and CCI analysis-
The CCI (50) is trading below zero lines (bearish trend). But Woodies CCI is above zero line. This confirms the trend neutral.
Trend-Bearish
USDCHF is facing strong resistance around 0.9180. Any break above targets 0.9220/0.92750. It should surge past 0.9370 for further bullish continuation. A jump to 0.9400/0.9425 is possible. On the lower side, immediate support is around 0.9100. Any convincing breach below targets 0.9070/0.9020/0.9000.
Indicator (4-hour chart)
Directional movement index - Neutral
It is good to buy on dips around 0.9098-10 with SL around 0.9070 for a TP of 0.9175.


FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD moves lower on weak UK data
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro:EUR/AUD eases but bullish outlook persists
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/USD dips lower on negative UK retail sales data 



