Technical analysis of USD/CHF 06/27/2025
The USD/CHF pair on the daily timeframe (1D) has broken an important support level around 0.8060, confirming the continuation of the downtrend. A sustained move below this zone indicates the development of a new bearish impulse.
The current price is 0.7970. The movement is directed toward the target at 0.7560, which marks the lower boundary of the descending channel and the next significant support level.
Resistance is at 0.8060. As long as the price remains below this level, any upward movement is considered corrective. Support levels are at 0.7800 (intermediate) and 0.7560 (primary).
Both the 100-day and 200-day moving averages are trending downward, and the price remains below them. RSI is at 29.8 — the market is in oversold territory, but no reversal signals are present. The technical picture favors continued downside.
Created by Joshua Hayn
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