The USD/CHF currency pair continues to move within the framework of a correction and the formation of a head and shoulders reversal pattern. At the time of publication of the Forex forecast, the US dollar to Swiss franc exchange rate is 0.8122. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the area between the signal lines upwards, indicating pressure from buyers and a potential continuation of the asset’s growth from current levels. Now, we should expect an attempt to develop a decline in the US dollar against the Swiss franc and a test of the support area near the 0.8105 level. Then, a rebound in prices upward and a continuation of the growth of the US dollar against the Swiss franc with a potential target above the 0.8335 mark.
USD/CHF Forecast Dollar Franc for June 24, 2025
An additional signal in favor of the growth of the dollar-franc currency pair on FOREX will be a rebound from the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the head and shoulders reversal pattern. A fall and breakout of the 0.7985 area will cancel the USD/CHF currency pair growth scenario on Forex. This will indicate a breakout of the support area, and a continuation of the USD/CHF decline to below 0.7725. Confirmation of the USD/CHF growth should be expected with a breakout of the resistance area and the price closing above the 0.8265 level, which will indicate a breakout of the upper border of the Head and Shoulders reversal pattern and the beginning of the pattern’s implementation with targets at the top.
USD/CHF Forecast Dollar Franc for June 24, 2025 suggests an attempt to develop a correction and test the support area near the 0.8105 level. Further, the USD/CHF currency pair will continue to grow with a target above the 0.8335 level. An additional signal in favor of the rise of the Dollar-Franc pair will be a rebound from the trend line on the relative strength indicator. A fall and breakout of the 0.7985 area will cancel the growth scenario. This will indicate a breakout of the support level and a continuation of the pair’s decline with a potential target below the 0.7725 level.
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