USDCHF Technical Analysis Report 16 October, 2025
USDCHF currency pair can be expected to fall further toward the next support level 0.7900 (which has been reversing the pair from June).
- USDCHF reversed from resistance area
- Likely to fall to support level 0.7900
USDCHF currency pair continues to fall inside the minor impulse wave iii which previously reversed down from the resistance area located between the resistance level 0.8050 (which has been reversing the price from the begin of September, former strong support from April and June, as can be viewn from the daily USDCHF chart below), upper daily Bollinger Band and the resistance trendline of the daily up channel from September, which enclosed the previous ABC correction ii.
Given the strong long-term downtrend and the strongly bullish Swiss franc sentiment viewn today, USDCHF currency pair can be expected to fall further toward the next support level 0.7900 (which has been reversing the pair from June).
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