USDCHF stalls near resistance – sellers remain in control below the 100/200 hour MAs | Forexlive

USDCHF continues to trade within a defined range, with price action over the past 11 days capped by a ceiling near 0.8265–0.8277. Momentum above the 100- and 200-hour moving averages has repeatedly faded, highlighting persistent selling pressure.

Since mid-late April, price action has carved out a sideways range, with the support zone between 0.8195 and 0.8212 holding on multiple tests. The ceiling over the time period has been between 0.8318 and 0.8333.

In between, the pair has shown occasional strength above the moving averages (blue = 100-hour, green = 200-hour), each attempt higher this week has quickly run out of steam.

Key levels to watch:

• Resistance: 0.8254. The 100 and 200 hour moving averages. 0.8318 – 0.8333 (swing area at the top of the 11 day trading range

• Support: 0.8195–0.8212 (swing area from the last 11 trading days). 0.8097 – 0.81288 (swing area ahead of the 2025 low). 0.8039 (the 2025 low)

For buyers to regain control, USDCHF needs a sustained break above the recent ceiling and the converging moving averages. Until then, sellers remain in control, and downside probes into the lower support zone remain a risk.

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