USD/CHF Recovery Stalls Below 0.8350 Resistance as Downtrend Remains Intact

USD/CHF Recovery Stalls Below 0.8350 Resistance as Downtrend Remains Intact

Published: June 19, 2025 | 🖋️ Tredu FX Desk

Struggling to Break Key Resistance

The USD/CHF currency pair is showing early signs of a bounce from the 0.8030 support zone, which was tested as a short-term bottom. However, the pair continues to trade below the critical resistance level at 0.8350, suggesting the broader bearish trend remains intact.

Technical Setup Favors Sellers

The pair has been on a steady decline since February, after breaking below its 50-day moving average (DMA). A multi-month descending trendline from earlier highs now acts as a near-term ceiling at 0.8350.

“Unless USD/CHF breaks and sustains above 0.8350, any bounce will likely be short-lived. The broader downtrend may resume,” analysts at Tredu noted.

Key Technical Levels

• Support: 0.8030 (interim low)
• Resistance: 0.8350 (falling trendline)
• Bias: Bearish below 0.8350
• Outlook: A break below 0.8030 could accelerate the downtrend

Further Reading on Tredu:

• USD/CHF Live Chart
• Technical Setup: Forex Pairs to Watch
• What Drives the Swiss Franc?