2025-11-05 14:01:00
The USDCHF is trading at its high for the day (see the video above), pushing toward the top of a key swing area between 0.8102 and 0.8117. So far, the high has reached 0.8116, just shy of that upper boundary. A break above would open the door for a move toward 0.8147–0.8155, followed by the August 1 high at 0.8171.
Earlier this week, the pair moved above the 0.8071–0.8076 swing zone, confirming a short-term bullish tilt. Yesterday’s dip briefly fell below that area but quickly reversed, signaling that sellers had their shot — and missed. Today’s low at 0.8078 held comfortably above that same support band, giving buyers the green light to extend the rally. The pair is now working on its sixth straight day higher.
From a broader perspective, USDCHF remains within its multi-year extreme zone dating back to 2011. In April, the pair broke below a long-term floor near 0.8333, dropping to the lowest level since 2011. Despite several failed retests of that barrier in May, the price bottomed in September at 0.7828 and has since rebounded. With the pair now near 0.8108, there’s room for a continued recovery toward that former floor near 0.8333.
As long as the pair continues to make progress toward upside targets while holding above its defined risk levels, the bias remains tilted in favor of the buyers.
