Thu, 03 Sep 2026 08:43:52 GMT
USD/CHF Technical Analysis: Ascending Channel Pattern
USD/CHF on the 4-hour chart continues to respect an ascending channel pattern established after bottoming near 0.7960 in late August. Following a sharp rejection above the channel's upper boundary at 0.8160, the market underwent a swift pullback toward the midline. Price is currently consolidating right around 0.8093, attempting to absorb selling pressure after a steep three-candle drop.
For bullish continuity, buyers