A Buying Opportunity in USD/CHF?

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A Buying Opportunity in USD/CHF?

The USD/CHF pair has remained in a strong bearish trend throughout 2025, with sellers successfully registering a low of 0.78281 so far.
 

Given the recent price depreciation in this popular pair, the price is currently hovering near its historical lows. On long-term timeframes, such as the monthly and weekly charts, the trend remains unequivocally bearish, suggesting that any long positions may carry significant risk. However, in recent months, downward momentum has decelerated as the price entered an oversold condition.
 

The formation of a Spinning Top candlestick pattern on the monthly chart and a Hammer on the weekly chart, combined with price divergence from the RSI, indicates the potential formation of a price floor and a halt to further declines.
 

Conversely, on shorter timeframes such as the daily and 4-hour charts, the prevailing trend remains bearish. The price has been unable to breach a descending trendline—formed by three resistance points and visible on the 4-hour chart—and is currently declining.
 

Under current conditions, the minimum requirement for a bullish outlook is price consolidation on or above the key psychological level of 0.80000, followed by a breakout above the descending trendline, which would encourage more buyers to enter the market.
 

In the opposing bearish scenario, should the key level of 0.80000 be breached, the potential for further decline increases. In this event, the primary support levels to watch are 0.79650 and, subsequently, 0.79300.
 

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