The currency pair Dollar Franc USD/CHF continues to move within the development of the bullish correction and descending channel. At the time of publishing the Forex forecast, the USD/CHF exchange rate stands at 0.7981. The moving averages indicate the presence of a short-term bearish trend on the pair. Prices broke through the area between the signal lines downwards, which indicates pressure from the sellers and potential continuation of the decline in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop the rise of the US Dollar against the Swiss Franc and a test of the resistance area near the level of 0.8035. Then, the price will rebound downwards and the USD/CHF will continue to fall against the Swiss Franc with a potential target below 0.7745.
USD/CHF Forecast Dollar Franc for July 8, 2025
An additional signal in favor of the fall of the currency pair USD/CHF on FOREX will be a rebound from the resistance line on the relative strength indicator (RSI). The second signal will be a rebound from the upper boundary of the descending channel. A strong growth and breakdown of the 0.8145 area will cancel the variant with a fall of the USD/CHF currency pair on Forex. This will indicate the breakdown of the resistance area and the continuation of growth of USD/CHF quotes to the area above the level of 0.8285. We should expect confirmation of the USD/CHF quotes fall with the breakdown of the support area and the price closing under the level of 0.7935.
USD/CHF Forecast Dollar Franc for July 8, 2025 suggests an attempt to develop a bullish correction and test the resistance area near the level of 0.8035. Further, the continuation of the USD/CHF currency pair decline with a target below the level of 0.7745. An additional signal in favor of the decline in the pair Dollar-Frank will be a rebound from the trend line on the relative strength indicator. A strong growth and breakdown of the 0.8145 area will cancel the downside option. This will indicate the breakdown of the resistance level and the continuation of the pair growth with a potential target above 0.8285.
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