As US markets closed for President day, USDCHF traded flat. Having reached an intraday high of 0.77039, it is now trading at 0.77002.
Technical Analysis Points to Further Bullishness
The pair is trading below the 55-EMA, 200-EMA, and 365-EMA on the 4-hour chart, indicating a bearish trend. The immediate resistance is at 0.77250; any break above targets 0.7755/0.7800/0.7865/0.7925/0.7965/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7660; any violation below will drag the pair to 0.7628/0.7600/0.7540/0.7500.
Indicators (4-hour chart)
CCI (50) - Bearish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.7728-30 with SL around 0.7785 for a TP of 0.7500.


FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments 



