USDCHF 23.4.2025

Technical Analysis
Wednesday, April 23, 2025 - 12:52
Point Trader Group

General Trend:

The pair is in sharp decline after breaking multiple support levels, currently trading near the historical support of 0.8385.

Expected Scenario:

Bearish Scenario:

- A break below 0.8385 could lead to further decline toward 0.8225 and 0.8100.

Bullish Scenario:

- A rebound from 0.8385 may aim for resistance at 0.8739, then 0.8918.

Key Levels:

Resistances: 0.8739 – 0.8918 – 0.9049  

Supports: 0.8385 – 0.8225 – 0.8100

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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