USDCHF 23.4.2025
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.