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8 hours ago
USD/CHF Currency Pair Review as of July 22, 2025
Over the past five months, the USD/CHF currency pair has experienced a strong and decisive downward trend, reaching a historic low of 0.78722. Currently, the chart is near its all-time low recorded prices and is in an oversold condition.
In longer timeframes, such as the weekly chart, there are faint signs of a trend reversal emerging. However, due to the prevailing downtrend, a breach of the 0.78722 price floor could lead to further price declines, potentially delaying the start of an uptrend.
In shorter timeframes, such as the daily chart, the dominant trend remains bearish, which warrants increased caution when considering bullish trades. Recent modest gains have placed the price within an ascending channel. Over the past few hours, the lower boundary of this channel has so far prevented further price depreciation.
Should this support line hold, high-risk buyers may enter the market, targeting resistance levels at 0.80000 and, in a stronger bullish scenario, up to 0.80500. A significant indicator for a potential uptrend would be the price moving above the key level of 0.80420, which would attract more buyers.
Conversely, in a bearish scenario, a decisive break below the significant support level of 0.78722 would strengthen the potential of the downtrend, with the price potentially reaching support levels of 0.78500 and, in a more pronounced downturn, as low as 0.76800.
Over the past five months, the USD/CHF currency pair has experienced a strong and decisive downward trend, reaching a historic low of 0.78722. Currently, the chart is near its all-time low recorded prices and is in an oversold condition.
In longer timeframes, such as the weekly chart, there are faint signs of a trend reversal emerging. However, due to the prevailing downtrend, a breach of the 0.78722 price floor could lead to further price declines, potentially delaying the start of an uptrend.
In shorter timeframes, such as the daily chart, the dominant trend remains bearish, which warrants increased caution when considering bullish trades. Recent modest gains have placed the price within an ascending channel. Over the past few hours, the lower boundary of this channel has so far prevented further price depreciation.
Should this support line hold, high-risk buyers may enter the market, targeting resistance levels at 0.80000 and, in a stronger bullish scenario, up to 0.80500. A significant indicator for a potential uptrend would be the price moving above the key level of 0.80420, which would attract more buyers.
Conversely, in a bearish scenario, a decisive break below the significant support level of 0.78722 would strengthen the potential of the downtrend, with the price potentially reaching support levels of 0.78500 and, in a more pronounced downturn, as low as 0.76800.
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