Today, the pair is moving modestly higher and is now testing a higher resistance zone — the swing area between 0.8272 and 0.82803. This level has been a recurring pivot in recent weeks (see red circles), with both buyers and sellers using it as a battleground. A break above this area would open the door toward the 100-hour MA (blue line currently near 0.8308) and the 38.2% retracement level of the May range at 0.83087.
Key levels to watch:
Resistance: 0.8272–0.82803 (current test), 0.8308 (100 hour MA, and 38.2% Fib), 0.83509 (200-hour MA)
The pair is at a pivotal juncture — the response at current levels will help define the next directional bias.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about usdchf bounces from key support and tests overhead resistance was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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