USD/CHF Technical Outlook – Building Bullish Structure

The U.S. Dollar vs Swiss Franc (USD/CHF) pair is showing early signs of a structural shift, trading near 0.8040 after forming a solid base around 0.7829, its recent multi-month low. Price action has transitioned from a prolonged bearish phase into a potential reversal pattern, suggesting a medium-term bullish continuation.

The key level to watch is 0.8100 — a breakout above this zone could confirm bullish intent, opening the way toward the 0.8300–0.8400 supply range, which previously acted as a major distribution area. If momentum sustains, an extended move toward 0.8720 remains on the table.

A healthy pullback into 0.8000–0.7950 may serve as a retest opportunity for traders looking to join the trend, while a drop back below 0.7820 would invalidate the bullish scenario.

📌 Summary:

Bias: Bullish above 0.8000

Targets: 0.8300 → 0.8400 → 0.8720

Risk: Rejection below 0.7820

This setup reflects a potential institutional accumulation phase, as USD strength re-emerges across safe-haven pairs. Keep an eye on DXY correlation and SNB policy tone for confluence before major breakouts.