USDCHF showed a minor pullback due to short covering.It hit a high of 0.8485 and is currently trading around 0.84744
The safe-haven demand and policy divergence between the US Fed and SNB puts pressure on the pair at higher levels.
Technicals-
The pair trades below 34- and 55 EMA in the hourly chart.
The near-term resistance is around 0.8500, a breach above targets 08570/0.8605/0.8640. The immediate support is at 0.8440, any violation below will drag the pair to 08400/0.8345.
Indicator (hourly chart)
CCI (14)- Bullish
CCI (50)- Bearish
Average directional movement Index - Neutral.
It is good to sell on rallies around 0.8500 with SL around 0.85425 for a TP of 0.8400.


FxWirePro- Major Crypto levels and bias summary
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some ground but outlook is bearish
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 



