Technical analysis of USD/CHF 02/07/2025

The USD/CHF currency pair is in a downward correction on (1D).

The pair tested the resistance of 0.9200, from which it corrected to the level of 0.9000 (23.6% Fibo) and is currently trading in the area of 0.9060.

The pair broke through the lower border of the ascending channel, which gives grounds to assume the possible development of a downward correction to the level of 0.8900 (38.2% Fibo).

The resistance is 0.9200.

Created by Joshua Hayn

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