USD/CHF Forecast: Struggles Below 0.8250 Despite Bullish Chart Setup
By tredu.com • 6/11/2025
Tredu
USD/CHF Forecast: Struggles Below 0.8250 Despite Bullish Chart Setup
Pair Trades in a Narrow Range, Awaiting Breakout Signal
The USD/CHF pair continues to trade sideways during Wednesday’s Asian session, unable to break decisively above the 0.8245–0.8250 resistance zone. The pair has been consolidating within a narrow band for the past two weeks amid mixed market signals.
Chart Pattern Signals Potential Upside
Technical analysis on the hourly chart indicates the formation of an ascending triangle—a pattern often associated with a bullish breakout. The pair’s higher lows suggest buying pressure is building up, but the 0.8250 resistance must be broken convincingly for momentum to build.
Key Technical Levels to Watch
- Immediate resistance: 0.8245–0.8250
- Next resistance: 0.8275 and the psychological 0.8300
- Major upside target: 0.8325–0.8330
- Key support: 0.8200
- Bearish trigger: A daily close below 0.8200
A break below 0.8200 would invalidate the ascending triangle and expose the pair to a deeper pullback.
Fundamental Drivers Remain Mixed
The US Dollar (USD) is seeing light support from safe-haven flows, but those are being partially offset by global risk sentiment improvements. Meanwhile, the Swiss Franc (CHF) continues to draw safe-haven demand, keeping the pair in check.
Internal Linking Suggestions for Tredu.com:
- Live Forex Rates Dashboard
- How to Trade Ascending Triangle Patterns
- USD/CHF Historical Performance
- Swiss Franc Market Overview
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