USDCHF resistance zone came into focus on Tuesday after the pair climbed to 0.8103 and briefly moved above the top of the 0.8084 to 0.81014 area.
The pair later eased back and traded near 0.8090, according to the source article. Even so, the broader move stayed tilted higher after last week’s rebound from support near 0.7908. That support area grouped the 100-bar moving average on the 4-hour chart, the 200-day moving average, and the 50% midpoint of the trading range from the June 2025 high.
USDCHF Resistance Zone Caps Latest Move
Last week’s rise followed what the source described as a more hawkish Fed policy decision on Wednesday. The pair first advanced toward a swing area between 0.8009 and 0.8017. However, it then pulled back and found support near the 61.8% retracement of the same trading range at 0.79805.
Buyers returned after that dip and pushed USDCHF higher into the end of the week. As a result, the pair closed the week while testing the next upside target between 0.8084 and 0.81014. This week, the source said trading kept an upward bias despite two-way price action.
Key Levels Stay in View
The latest pullback showed that sellers were watching the USDCHF resistance zone closely. However, the source said buyers still held control. For that bias to change, sellers would need to force the pair back below 0.8084.
They would also need to break the rising 100-hour moving average, which the source placed at 0.8048. Until those levels give way and stay broken, the source said the technical edge remains with buyers. The article added that the path of least resistance still points higher.
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