USD/CHF tests MA (200) H1

Today, on the hourly chart, the USD/CHF pair adjusted downwards after steady growth at the beginning of May 28 and is currently trading at the level of 0.8285, near the moving average of MA (200) H1. Earlier, the price broke through this average from the bottom up, which gave a short-term bullish signal, however, the current pullback indicates buyer uncertainty and a possible return under her. 

The MACD indicator shows a downward reversal after entering the positive zone, which indicates a weakening of the upward momentum. The histogram is decreasing, confirming the correction phase, but it remains above the zero line for now, which preserves a neutral background. The overall picture remains ambiguous: the bullish breakout attempt has not been developed, and now attention is shifting to the price's reaction to the current support level and behavior relative to the moving average.

Resistance levels are: 0.8345-65, 0.8400, 0.8435

Support levels are:   0.8245, 0.8190, 0.8115

The main scenario for the pair's advance suggests a breakout of the 0.8245 support (May 28 low) and a possible decline to 0.8190 (May 7 and 27 low).

An alternative scenario implies a breakout of the session highs of 0.8345 and 0.8365 (May 20 high) and there may be an increase to 0.8400 (May 16 high)