The USD/CHF currency pair ended the trading week near the 0.8090 level. The pair continues to move within the framework of a downward trend and the formation of a double bottom reversal pattern. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers of the US currency and a potential continuation of the instrument’s decline from current levels. At the moment, we should expect an attempt to develop a price decline and a test of the support area near the level of 0.7965. Further, an upward rebound and an attempt to continue the rise of the currency pair with a potential target above the level of 0.8445.
USD/CHF Weekly Forecast June 16 — 20, 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 index (RSI). The second signal will be a rebound from the lower border of the double bottom reversal pattern. A decline in quotes and a breakout of the 0.7855 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 0.7545 area. Confirmation of the pair’s growth in the current trading week of June 16-20, 2025 will be a breakout of the resistance area and the closing of quotes above the level of 0.8265, which will indicate a breakout of the upper border of the downward channel.
USDCHF Weekly Forecast June 16 — 20, 2025 suggests an attempt to develop a decline and test the support level near the 0.7965 area. Then, the USD/CHF pair will continue to grow to the area above the 0.8445 level. The test of the trend line on the relative strength indicator will support the rise. The cancellation of the USD/CHF growth scenario will be a breakout of the support area and the closing of quotes below the level of 0.7855. This will indicate a continuation of the pair’s decline with a potential target below the level of 0.7545.
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