The USD/CHF chart shows bullish momentum, indicating an upward trend. A bullish bounce from the 1st support towards the 1st resistance is possible.The 1st support at 0.8771 is an overlap support with historical significance, potentially acting as a base for upward movement.The 2nd support at 0.8710 is also an overlap support, further reinforcing its potential as a support zone.
On the upside, the 1st resistance at 0.8825 is a pullback resistance, suggesting potential historical resistance and a short-term pullback.The 2nd resistance at 0.8866 is a multi-swing high resistance, a notable target for bullish movement.
