USDCHF Technicals: The USDCHF is stretching to the swing area between 0.8066 to 0.8076.

In the video above, I take a closer look at the USDCHF, which is stretching higher and testing a key resistance swing area between 0.8066 and 0.8076. A break above that zone — and more importantly, a sustained move above it — would open the door for additional upside momentum.

From a broader perspective, the pair’s year-to-date high was set near 0.9200 in early January, while the low at 0.7828 was reached in September. With the price now trading near 0.8075, USDCHF remains close to the lower end of its 2024 range and is still hovering near levels not seen since 2011.

If buyers can wrestle back control and push above 0.8076, the next major upside target becomes the 38.2% retracement of the year’s trading range, which comes in near 0.8353 — a level that also aligns with multi-year swing lows. That gives the market ample “room to roam” if upside momentum builds.

The video walks through these technical zones and lays out a clear roadmap for both buyers and sellers. For now, buyers are making an attempt, but they must break and hold above 0.8076 to ignite a new leg higher.