USDCHF stalls below key resistance. Support targets eyed on the downside | Forexlive

The USDCHF pair continues to respect technical boundaries, with the high price today stalling at 0.82415, just ahead of the key resistance ceiling at 0.8249—a level that capped rallies several times last week. As long as price remains below this zone, sellers retain short-term control.

The pullback from today’s high has brought the pair down toward a cluster of critical support levels:

• 200-hour moving average: 0.82124

• 100-hour moving average: 0.82060

• 61.8% retracement of the April–May rally: 0.82056

• Swing area low: 0.8191

• Yesterday’s low: Also near 0.8191, reinforcing its importance

A break below this support zone would likely increase downside momentum and shift trader focus toward the broader April swing lows.

To turn the bias back to the upside, the pair needs to clear:

Summary of key levels:

• Resistance:

• Support:

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