The hourly chart of the USD/CHF pair shows a consolidation phase after the recovery that began on June 12. Currently, the pair is trading near the 0.8170 level, slightly above the MA (200) H1 moving average, which may indicate an attempt by buyers to gain a foothold above the key resistance. The nearest support level is at 0.8145, and below it is at 0.8120. If the price holds above the current values, the next significant resistance will be the 0.8215 zone. The MACD indicator shows neutral dynamics — the histogram is close to zero and does not give a clear signal, which confirms the absence of a pronounced impulse. The overall picture indicates an attempt to form an upward movement, but it is premature to talk about the development of a stable trend before the breakdown of 0.8215. Support above 0.8145 will be critical to maintain a positive scenario.
Resistance levels are: 0.8215, 0.8335-50, 0.8310
Support levels are: 0.8145, 0.8120, 0.8090
The main scenario for the pair's advance suggests a breakout of 0.8145 (June 19 low) and a possible decline to 0.8120 (June 17 low)
An alternative scenario implies a breakout of the resistance 0.8215 (June 19 high) and there may be an increase to 0.8235-50 (June 4, 6 and 10-11 highs)
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