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USD/CHF holds an upside bias toward 0.8041 and 0.8469

The outlook stays bullish as long as 0.8029 support holds, while a break of 0.7603 would signal a trend reversal.

Reported · Written up by our desk · Major Pairs

Action Forex said the intraday outlook for USD/CHF remains on the upside, with a 100% projection pointing from 0.7600 to 0.8041, versus 0.8198 highlighted as a key level. It noted that a decisive break would extend the rally from 0.7603 toward a 161.8% projection at 0.8469.

On the downside, the outlet said that moving below 0.801012 would first turn the intraday bias neutral, though the broader stance would remain bullish as long as 0.8029 support holds during any retreat.

In the bigger picture, Action Forex cited a medium term bottom at 0.7603 but said it is still early to call for a full bullish reversal. It added that as long as a 38.2% retracement from 0.9200 (2025 high) to 0.7603 at 0.8213 holds, the larger downtrend could still continue through 0.7603, and only a firm break would shift focus to 0.8332 support turned resistance for confirmation.

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