UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro- Major Pair levels and bias summary 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
USDCHF gained above 0.7950 as strong US jobs data decreased the chance of a rate cut by the Fed. It hits an intraday high of 0.79751 and is currently trading around 0.79707. Intraday bias appears to be bullish as long as the support at 0.7920 holds.
US dollar index gained momentum on renewed trade war concerns. It has broken the previous week's high of 97.42 and is hovering around 97.417.
Technical Analysis Points to Further Upside
The pair is trading above the 55-EMA, 200 EMA, and 365 EMA on the 15-min chart, indicating a bullish trend. The immediate resistance is at 0.79835, any break above targets 0.8000/0.8050/0.8090/0.8140/0.8180/0.8250/0.8300.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7920; any violation below will drag the pair to 0.7900/0.7860/0.7800.
Indicators (15-min chart)
CCI (50) - Bullish
Directional Movement Index - Bullish
Trading Strategy Recommendation
It is good to buy on dips around 0.7950 with a stop-loss at 0.7920 for a TP of 0.8050.
