USDCHF Technicals & Fundamentals🔹 Structure:
Pivot zone marked around 0.8200 (purple line + yellow zone).
Support below at ~0.8160.
Resistance around 0.8240.
Currently trading at 0.82137, trying to reclaim the pivot zone.
🔹 Price Action Outlook:
Bearish Bias: Based on the projected path, the expectation is for USD/CHF to:
Reject near 0.823–0.824.
Retest the pivot zone and fail to hold.
Begin a slow grind down back to the 0.8160 support, and potentially break it toward 0.8080.
🔹 Volume:
Volume appears mixed but increasing slightly — indicating growing interest at this level, possibly setting up for a breakout (or breakdown).
🌍 Fundamentals
🔸 USD Side:
Recent U.S. CPI & Fed rhetoric suggest inflation is sticky.
Rate cut expectations are being delayed, which supports the dollar in general.
However, geopolitical tensions and slowing data may keep the USD volatile.
🔸 CHF Side:
Swiss Franc remains a safe-haven currency.
SNB (Swiss National Bank) has adopted a relatively dovish stance but supports stability.
If global risk sentiment worsens, CHF may strengthen despite policy stance.
🔸 Combined View:
Risk-off sentiment = CHF strength
Strong USD = resistance holding
This combo fits with the technical expectation of a fade from resistance and downtrend continuation.
NOTE:
If USD/CHF fails to stay above the pivot (0.8200), we could see a slow bearish fade back toward 0.8080, as fundamentals hint at CHF strength returning amid global uncertainties.
