Wed, 23 Apr 2025 08:22:07 GMT
USD/CHF Technical analysis
The FX pair has experienced notable bearish pressure, currently trading below the key 0.83000 level, signaling continued weakness. This downward momentum is further confirmed by the pair's position below its major simple moving averages (SMAs), which often act as dynamic resistance levels in a downtrend.
Trading below these averages suggests a lack of bullish momentum and points to the possibility