USD/CHF snaps four-day winning streak, holds above 0.8100
USD/CHF turned negative on the day, ending a four-day run of gains while staying supported above 0.8100. Bulls are watching key resistance near 0.8150.
USDCHF
USD/CHF lost ground on the day, snapping a four-day winning streak. The pair still held above the 0.8100 level, keeping the near-term setup from turning clearly bearish.
A bearish flag pattern remains in focus, but buyers could regain momentum if key resistance levels are reclaimed. The 0.8150 area is the level bulls are targeting.
Follow-through upside remains possible only if resistance is cleared, while support around 0.8100 is the immediate downside reference.
Source: FXStreet Forex News