FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
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Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
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FxWirePro- Major Crypto levels and bias summary 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
USDCHF is trading weak for a second consecutive week on the strong Swiss franc. It was one of the best performers against all majors after SNB supported Franc's appreciation. Markets are anticipating another 50 bpbs rate hike by the Swiss national bank on Sep 22nd.
Technically in the 4-hour chart, the pair is holding below above short term (21- and 55 EMA) and 200 EMA (0.96670). Any break below 0.9540 will take the pair to 0.9470/0.9430/0.9370. USDCHF hits an intraday low of 0.95449 and is currently trading around 0.95512.
The near-term resistance is around 0.96000, and any breach below targets 0.9660/0.9725.
Indicators (4-hour chart)
CCI (50)- Bearish
ADX- Bearish
It is good to sell on rallies around 0.9580-85 with SL around 0.9635 for TP of 0.94750.
