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fxJul 15, 2026, 7:01 PM

USD/CHF Breaks Rising Wedge, Bears Target 0.8000

USD/CHF fell over 0.62% after breaking a rising wedge, sliding through the July 14 swing low of 0.8067 to trade near three-day lows. Bearish momentum suggests a potential move toward the 0.8000 level.

USDCHF

USD/CHF broke decisively from a rising wedge pattern, dropping over 0.62% and clearing the July 14 swing low at 0.8067. The pair is now trading near three-day lows, extending its bearish run.

With the wedge breakdown confirmed and the 0.8067 support violated, sellers are eyeing the psychological 0.8000 mark as the next major target. The move reflects strengthening bearish momentum in the short term.

Source: FXStreet Forex News