On the hourly chart of the USD/CHF currency pair, consolidation is observed near the level of 0.8225 after previous fluctuations in the range. The price is trading near the MA (200) H1 moving average, which indicates the absence of a pronounced trend and the presence of a phase of uncertainty. The 0.8250 level acts as an upper resistance, while support is located at 0.8190. The MACD indicator shows low activity and the absence of a clearly defined impulse, with the histogram hovering around zero, which confirms the sideways dynamics. In the short term, attempts to exit the narrow range are possible, but the lack of sustained momentum and a weak reaction to the levels signal a likely continuation of the flat movement until new fundamental or technical triggers appear.
Resistance levels are: 0.8250, 0.8305, 0.8350
Support levels are: 0.8190, 0.8155, 0.8115
The main scenario for the pair's advance suggests a breakout of the support 0.8190 (June 9 low) and a possible decline to 0.8155 (June 2-3 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)
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