The USD/CHF currency pair is ending the trading week with a decline near 0.7921. The pair continues to move as part of a downward trend and the formation of a Head and Shoulders reversal pattern. Moving averages indicate a bearish trend. Prices have broken below the area between the signal lines, indicating downward pressure from sellers of the US currency and a potential continuation of the decline from current levels. Currently, we expect an attempt at a bearish price correction and a test of the support area near 0.7855. Subsequently, an upward rebound and an attempt at continued growth are expected, with a potential target above 0.8475.
USD/CHF Weekly Forecast October 20 — 24, 2025
An additional signal in favor of the USD/CHF currency pair will be a test of the support line on the relative strength indicator (RSI); it is worth noting that there have already been rebounds from this trend line. The second signal will be a rebound from the lower boundary of the Head and Shoulders reversal pattern. A decline in the USD/CHF pair and a breakout of the 0.7665 area will cancel the upward trend for the current trading week. This will indicate a breakout of the support area and a continued decline in the pair on Forex with a target below the 0.7335 area. A breakout of the resistance area and a close above 0.8145 will confirm the pair’s upward trend during the current trading week (October 20-24, 2025), indicating a breakout of the upper boundary of the Head and Shoulders reversal pattern and the beginning of the pattern’s realization with targets above.
USD/CHF Weekly Forecast October 20 — 24, 2025 suggests an attempt to develop a bearish correction and a test of the support level near the 0.7855 area. The USD/CHF pair is then expected to continue rising above 0.8475. A test of the trend line on the relative strength indicator (RSI) would support this upward trend. A breakout of the support area and a close below 0.7665 would invalidate the USD/CHF upside. This would indicate continued decline with a potential target below 0.7335.
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