USDCHF breaks significant resistance 0.8090 on board-based US dollar buying. It hits an intraday high of 0.81058 and is currently trading around 0.081003.
Technical Analysis Points to Further Upside
The pair is trading above the 55-EMA, 200 EMA, and below the 365 EMA on the 4-hour chart, indicating a mixed trend. The immediate resistance is at 0.8135 any break above targets 0.8170/0.8215/0.8250.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8060; any violation below will drag the pair to 0.8020/0.7980/0.7920/0.7860/0.7800.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - Bullish
Trading Strategy Recommendation
It is good to buy on dips around 0.8090 with a stop-loss at 0.8058 for a TP of 0.8170/0.8215.


FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro: AUD/USD edges higher but bearish outlook persists
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation
FxWirePro:NZD/USD edges lower, bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
BTCUSD Coils in Tight Range: Will Geopolitical Stability Trigger a Breakout Toward $80,000?
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CNY edges up as yuan weakens on firmer dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD continues to recovers , upside pressure builds 



