USD/CHF remains below MA (200) H1

On the hourly chart, the USD/CHF pair is showing signs of recovery after the recent decline, but remains under pressure, as quotes remain below the moving average of MA (200) H1, passing around 0.8250. The last hours of trading have been marked by gradual growth, but the movement is being held back by the approach to the specified dynamic resistance zone. An upward breakdown of the 0.8250 level may open the way to the next barrier at 0.8305, followed by strong resistance at 0.8350. Support is formed at 0.8155, the breakdown of which will confirm the resumption of the downward trend. The MACD indicator is moving into a positive zone, which indicates an increasing bullish momentum, but confidence in the stability of the movement is still insufficient. The lack of pronounced momentum and weak volumes indicate the likelihood of consolidation near current levels. The coming hours will be critical: the scenario of further movement depends on the ability of buyers to overcome 0.8250. As long as the pair remains under the moving average, a moderately bearish sentiment prevails.

Resistance levels are:  0.8250, 0.8305, 0.8350

Support levels are: 0.8155, 0.8115, 0.8040

The main scenario for the pair's advance suggests a decline to 0.8155 (June 2-3 low) and then, maybe, to 0.8115 (April 16 low) 

An alternative scenario implies a breakout of the resistance 0.8250 (June 3-4 high) and there may be an increase to 0.8305 (May 22 high)