The USD/CHF currency pair ended the trading week near the 0.799 level. The pair continues to move within the framework of a bullish correction and the formation of a “Wedge” reversal pattern. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines downwards, indicating pressure from sellers of the US currency and a potential continuation of the instrument’s decline from current levels. At the moment, we can expect an attempt to develop a price decline and a test of the support area near the level of 0.7845. Further, an upward rebound and an attempt to continue the rise of the currency pair with a potential target above the level of 0.8485.
USD/CHF Weekly Forecast July 21 — 25, 2025
An additional signal in favor of the growth of the Dollar-Franc currency pair will be a test of the support line on the relative strength indicator (RSI). The second signal will be a rebound from the lower border of the “Wedge” reversal pattern. A decline in quotes and a breakout of the 0.7645 area will cancel the USD/CHF growth scenario for the current trading week. This will indicate a breakout of the support area and a continuation of the pair’s decline on Forex with a target below the 0.7235 area. Confirmation of the pair’s growth in the current trading week of July 21 — 25, 2025 will be a breakout of the resistance area and the closing of quotes above the level of 0.8155, which will indicate a breakout of the upper border of the downward channel and the beginning of the implementation of the “Wedge” pattern with targets at the top.
USD/CHF Weekly Forecast July 21 — 25, 2025 suggests an attempt to develop a decline and test the support level near the 0.7845 area. Then, the USD/CHF pair will continue to grow to the area above the 0.8485 level. The test of the trend line on the relative strength indicator will support the rise. A breakout of the support area and a close below 0.7645 will cancel the USD/CHF growth scenario. This will indicate a continuation of the pair’s decline with a potential target below 0.7235.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
