USDCHF buyers continue to hold full control
The USDCHF found solid support last week at the 100-bar moving average on the 4-hour chart and the 50% retracement of the decline from the June 2025 high, both converging near 0.7908. From that base, buyers regained control and drove the pair higher helped by the more hawkish FOMC rate decision.
Technically, the price moved above the key swing area between 0.8009 and 0.80176, before extending through the double-top resistance from January 16 and April 1 near 0.80407.
That breakout opened the door for a run toward the next upside target zone between 0.8084 and 0.81014 where the price peaked on Friday before backing off modestly into the close.
The USDCHF pair is currently trading within that resistance area but, importantly, has yet to show any meaningful pullback, underscoring the strong bullish momentum.
So technically, buyers remain firmly in control. It would take a move back below 0.80407 to give sellers confidence that a short-term peak may be forming, although even then, more downside work would be needed to shift the bias.
On the topside, a break above 0.81014 would target swing highs from August 12 and November 5, 2025, between 0.8123 and 0.8131. Clearing that zone would then expose the next upside objectives at 0.81705 and 0.82148.
On the downside, a break back below 0.80407 would shift the focus to the 0.8009–0.80178 support zone. Adding to its importance, the 100-hour moving average is rising and currently sits near 0.8009, making this area a key line in the sand for the bullish trend.
This article was written by Greg Michalowski at investinglive.com.提供 MainLink：Investinglive RSS Breaking News Feed
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