Dear Traders,
📊 Technical Analysis – USD/CHF (Daily Timeframe)
Date: June 30, 2025
🇺🇸 English:
Price is currently testing a strong support zone around the 0.7920 level.
A bullish divergence is visible between price and RSI (price made a lower low while RSI made a higher low), indicating weakening selling pressure and a potential reversal.
The Fibonacci 1.272 extension at 0.79231 aligns with this support zone and may act as a key level for a bounce.
If price reacts positively and breaks above the short-term downtrend, potential upside targets include 0.8200 and 0.8470.
Alternative scenario: If the 0.7920 support fails, there is a risk of a deeper drop and formation of a new lower low.
Summary Signal:
✅ Bullish divergence spotted
📉 Current trend: Bearish
📌 Critical zone: 0.7920 – 0.7930
📈 Potential upside targets: 0.8200 and then 0.8470
Regards,
Alireza!
📊 Technical Analysis – USD/CHF (Daily Timeframe)
Date: June 30, 2025
🇺🇸 English:
Price is currently testing a strong support zone around the 0.7920 level.
A bullish divergence is visible between price and RSI (price made a lower low while RSI made a higher low), indicating weakening selling pressure and a potential reversal.
The Fibonacci 1.272 extension at 0.79231 aligns with this support zone and may act as a key level for a bounce.
If price reacts positively and breaks above the short-term downtrend, potential upside targets include 0.8200 and 0.8470.
Alternative scenario: If the 0.7920 support fails, there is a risk of a deeper drop and formation of a new lower low.
Summary Signal:
✅ Bullish divergence spotted
📉 Current trend: Bearish
📌 Critical zone: 0.7920 – 0.7930
📈 Potential upside targets: 0.8200 and then 0.8470
Regards,
Alireza!
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.