USDCHF gained above the 0.7800 level after the upbeat US ISM manufacturing index. Having made an intraday high of 0.78174, it is currently trading at 0.78062.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA and 200-EMA, and below 365-EMA on the 1-hour chart, indicating a mixed trend. The immediate resistance is at 0.7825; any break above targets 0.7865/0.7925/0.7965/0.8000.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7725; any violation below will drag the pair to 0.7660/0.7600/0.7540/0.7500.
Indicators (1-hour chart)
CCI (50) - Bullish
Directional Movement Index - Bullish
Trading Strategy Recommendation
It is good to buy on dips around 0.7780 with SL around 0.7720 for a TP of 0.7900.


FxWirePro- Major Crypto levels and bias summary
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro: GBP/AUD loses momentum but outlook is bullish
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro: GBP/NZD gains some upside momentum but still bearish
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 



