The currency pair Dollar-Franc USD/CHF ends the trading week near the level of 0.7932. The pair continues to move within the development of the decline and the formation of the “Double Bottom” reversal pattern. Moving averages indicate the presence of a bearish trend. Prices broke through the area between the signal lines downwards, which indicates pressure from the sellers of the American currency and potential continuation of the instrument’s decline from the current levels. Now, we should expect an attempt to develop price decline and test the support area near the level of 0.7855. Further, a rebound upwards and an attempt to continue the rise of the currency pair with a potential target above the level of 0.8465.
USD/CHF Weekly Forecast July 7 — 11, 2025
An additional signal in favor of the growth of the currency pair Dollar-Franc will be a test of the support line on the relative strength indicator (RSI). The second signal will be a rebound from the lower boundary of the “Double Bottom” reversal pattern. Cancellation of the USD/CHF growth variant in the current trading week will be a drop in quotes and a breakdown of the 0.7645 area. This will indicate the breakdown of the support area and the continuation of the pair’s decline on Forex with the target below the 0.7275 area. The confirmation of the pair growth in the current trading week July 7 — 11, 2025 will be the breakdown of the resistance area and closing quotes above the level of 0.8105, which will indicate the breakdown of the upper boundary of the descending channel.
USD/CHF Weekly Forecast July 7 — 11, 2025 suggests an attempt to develop a decline and test the support level near the area of 0.7855. Then, the USD/CHF pair will continue to grow to the area above 0.8465. A test of the trend line on the relative strength indicator will be in favor of the rise. Cancellation of USD/CHF growth option will be the breakdown of the support area and closing of quotes below the level of 0.7645. This will indicate the continuation of the pair decline with a potential target below the level of 0.7275.
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