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Tuesday, July 15, 2025

Despite the potential for a correction to its nearest support level, USD/CHF still has the potential to return to its bullish

Despite the potential for a correction to its nearest support level, USD/CHF still has the potential to return to its bullish

Back Technical analysis
Despite the potential for a correction to its nearest support level, USD/CHF still has the potential to return to its bullish
Back Technical analysis

Despite the potential for a correction to its nearest support level, USD/CHF still has the potential to return to its bullish bias on Tuesday, July 15, 2025.

USD/CHF - Tuesday, July 15, 2025.With

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15.07.2025 07:31 AM

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USD/CHF - Tuesday, July 15, 2025.With the Golden Cross condition between EMA(50) and EMA(200) indicates that buyers still dominate, although there is potential for a correction in the near future, as the RSI (14) is at a neutral-bearish level.Key Levels1. Resistance 2: 0.8000.2. Resistance 1: 0.7987.3. Pivot: 0.7971.4. Support 1: 0.7958.5. Support 2: 0.7942.Tactical ScenarioPositive Reaction Zone: If the price breaks through and closes above its Pivot level today, USD/CHF has the potential to strengthen and rise to 0.7987.Momentum Extension

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