USDCHF stretches to 2025 lows. Finds buyers on the first test. | investingLive
The USDCHF has pushed lower, testing the July 1 low at 0.78714, with today’s price briefly dipping to 0.7874 before staging a modest rebound to 0.7885. This is a pivotal level for the pair: a sustained break below would mark a new yearly low and take the price to its lowest level since 2011—a milestone not seen in over a decade.
For buyers, the key to holding confidence is straightforward: defend 0.78714. Staying above keeps the door open for a rebound, while a decisive move below would reinforce the bearish bias and invite further downside momentum.
On the topside, regaining the July 3 low would be an initial positive sign, while a more conservative risk marker for sellers comes at the swing-area floor between 0.79104 and 0.79209. A break above that zone would likely trigger short covering and shift momentum more clearly in favor of buyers.
The video above outlines the key levels.