Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 0.97188
Kijun-Sen- 0.97131
USDCHF is trading in a narrow range between 0.9760 and 0.96985 for the past 2 days. The overall trend is on the downside as long as resistance 0.98025 holds. It hits an intraday high of 0.97287 and is currently trading around 0.97228.
The near term minor resistance is at 0.9760, any break above targets 0.9785/0.9800. Significant trend reversal level in the near term will be 0.98027 (Apr 24th, 2020 high) and surge past that level will reach 0.9900.
On the flipside, near –term support is around 0.96650 and any indicative break below will drag the pair down till 0.9588.
It is good to sell on rallies around 0.9748-50 with SL around 0.9785 for the TP of 0.9590.


FxWirePro: USD/CNY dips to hit three year low,scope for further downside
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/AUD drifts lower after BOE rate decision
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 



