USDCHF gained sharply on board-based US dollar buying. Currently trading at 0.80340, it reached an intraday high of 0.80489.
Technical Analysis Points to Further Bearishness
The pair is trading above 55-EMA, the 200 EMA, and 365 EMA on the 4-hour chart, indicating a bullish trend. The immediate resistance is at 0.8070; any break above targets 0.8090/0.8135/0.8170/0.8215/0.8250.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7965; any violation below will drag the pair to 0.7860/0.7800.
Indicators (4-hour chart)
CCI (50) - Bearish
Directional Movement Index - Bearish
Trading Strategy Recommendation
It is good to buy on dips around 0.8028-30 with SL around 0.8000 for a TP of 0.8070/0.8090.


Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro: GBP/NZD edges up, remains on front foot
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet 



