FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
USDCHF has traded in a narrow range between 0.78174 and 0.76292 for the past 3 weeks. Having made an intraday high of 0.77576, it is currently trading at 0.77307.
Technical Analysis Points to Further Bearishness
The pair is trading above the 55-EMA, below the 200-EMA, and 365-EMA on the 4-hour chart, indicating a bullish trend. The immediate resistance is at 0.7760; any break above targets 0.7800/0.7865/0.7925/0.7965/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7700; any violation below will drag the pair to 0.7660/0.7628/0.7600/0.7540/0.7500.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - neutral
Trading Strategy Recommendation
It is good to sell on rallies around 0.7748-50 with SL around 0.7800 for a TP of 0.7865.
