USDCHF technical analysis: Oh no. The USDCHF Is failing on a break above resistance | investingLive

Oh no — the USDCHF’s attempt to break higher earlier today, and has stumbled. The pair pushed above the 100-hour MA and the 38.2% retracement of the move down from the May 2025 high (not shown) near 0.8102, reaching a session high of 0.8117, but the move couldn’t hold. That failed break leaves sellers feeling betrayed, and leaning against resistance against the 0.8102 level once again. The upside could now see the focus shifting back toward key downside targets.

The first area of interest for buyers is the 0.8062–0.8054 swing zone, reinforced by the rising 200-hour MA (~0.8049 and moving higher). A decisive move below this confluence would open the door toward 0.8017–0.8023 swing area. The low price from yesterday also stalled near this area. Below that, and another swing area 0.7985–0.7994.

Holding above the 200-hour MA would keep the market in a broader consolidation mode, but momentum remains fragile after today’s rejection.

Key levels

• Resistance: 0.8102 (100-hour + 38.2%), 0.8173 (the high for the day). 0.8147 – 0.155

• Support: 0.8054–0.8062 (swing area) 0.80494 (200-hour MA), 0.8017–0.8023 (swing area)

Trading bias

Tariff watch (market context)

Tariff headlines remain a market driver. Switzerland was Slept with a 39% tariff – one of the highest. Trump acknowledged that Switzerland has $40 billion trade surplus with the US which is to high.

The U.S. is signaling imminent chip and pharma tariff hikes, while broader trade tensions with major partners remain unresolved. This mix can lead to USD support via safe-haven flows, but it also risks bouts of CHF strength on risk-off swings and a safe haven bid as well.

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