USD/CHF has broken below its ascending channel on the 30-minute timeframe, confirming a bearish channel breakdown pattern. The rejection from the resistance zone around 0.80753–0.80844 indicates sellers remain in control, while lower highs continue to reinforce downside momentum. If bearish pressure persists, price may extend toward the next key support levels. A recovery above the highlighted resistance zone would be required to invalidate the current bearish outlook.
🔴 1st Support : 0.80259
🔴 2nd Support : 0.80088
🟢 Resistance Zone : 0.80753 – 0.80844
⚠️ Disclaimer : This analysis is for educational purposes only.
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🔴 1st Support : 0.80259
🔴 2nd Support : 0.80088
🟢 Resistance Zone : 0.80753 – 0.80844
⚠️ Disclaimer : This analysis is for educational purposes only.
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🔸🔸 Charts Don't Lie, Traders Don't Quit 🔸🔸
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