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 Levels
1. Resistance 2: 0.8000.
2. Resistance 1: 0.7987.
3. Pivot: 0.7971.
4. Support 1: 0.7958.
5. Support 2: 0.7942.
Tactical Scenario
Positive 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 Bias: If 0.7987 is successfully broken and closes above it, USD/CHF will head towards 0.8000.
Invalidation Level / Bias Revision
Upside bias weakens if the price breaks through and closes below 0.7942.
Technical Summary
The 50-day moving average (EMA) is at 0.7971, the 200-day moving average (EMA) is at 0.7965, and the RSI (14) is at 43.92.
Economic News Release Agenda:
USD/CHF strengthens due to unwinding carry trade positions and the EUR's weakening trend due to rumors of dovish ECB policies.
Tonight, there are news releases from the United States:
Core CPI m/m - 7:30 PM WIB.
CPI m/m - 7:30 PM WIB.
Empire State Manufacturing Index - 7:30 PM WIB.
