USDCHF is exhibiting a slight sell-off amid easing geopolitical tensions and is meeting significant trend-line resistance around 0.79800–0.79850. It is now trading at 0.79614, having reached a high of 0.79842
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA, 200-EMA, and 365-EMA on the 4-hour chart, indicating a bullish trend. The immediate resistance is at 0.8000, any break above targets 0.8040/0.8090/0.8150.
Support Levels and Potential Declines
On the downside, near-term support is around 0.7925; any violation below will drag the pair to 0.7865/0.7800/0.7765/0.7000/0.7660/0.7628.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - neutral
Trading Strategy Recommendation
It is good to buy above 0.8000 with SL around 0.7948 for a TP of 0.8150.


FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: GBP/AUD eases slightly but trend is still bullish
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
FxWirePro- Major Pair levels and bias summary
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435 



