USDCHF technicals
The USDCHF spent the week grinding higher, carving out a Monday-to-Thursday range of 0.8055 → 0.8213. Buyers ran into determined sellers just a few pips beneath the 38.2 % retracement of the April–May decline, halting momentum and forcing a modest pullback to the 0.8150 to 0.8160 area.
A second technical fulcrum sits just below current level at 0.8170: the now-converged 100- and 200-hour moving averages (0.8158 / 0.8163). Price briefly pierced the 100-hour line today before snapping back above—keeping short-term control in the buyers’ hands for now.
Heading into next week, the pair is boxed in: a break above 0.8213/38.2 % would add fresh bullish fuel, while a sustained dip through the twin MAs would hand the initiative to sellers and re-open the downsist with 0.8146 the final support before a likely greater move to the downside.
Geopolitical headlines may whip intraday sentiment, but the technical map is clear.
Key levels (single-line bullets)
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Resistance 1: 0.8213 – 0.8216• 38.2 % of Apr-May fall
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Resistance 2: 0.8249 • Highs from June
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Support 1: 0.8163 • 200-hour MA
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Support 2: 0.8158 • 100-hour MA
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Support 3: 0.8146 swing level.
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Support 4 Move below opens the downside for more selling potential with the lows for the week at 0.8091 and for une at 0.80554 as targets
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