USDCHF Price: Double Bottom Chart Pattern at $0.79 Zone

Bulls are gaining momentum

USDCHF Price Analysis –25 July

The price may rise above $0.81 and get closer to the $0.82 hedging scenario if the buying impulse can hold above the $0.80 resistance position. If merchandisers put in enough effort to lower the price from $0.79 to $0.77, they can still reduce it to $0.75.

Key Levels:

Resistance levels: $0.80, $0.81, $0.82

Support levels: $0.79, $0.77, $0.75

USDCHF Long-term trend: Bullish

For over a month, the USDCHF map has been on a downward trend. Since the price was established at $0.84 a few weeks ago, customers have been able to meet the massive demand for USDCHF. Merchandisers have controlled the USDCHF market since February 25. A few days ago, the value of the two currencies was $0.82. At the first recommended position, a bearish engulfing candle pattern was visible and the price bottomed twice at $0.79. In addition, the price started to bounce. The bullish harami candle pattern was observed to have emerged near the first anticipated support level. The current target price is $0.80 due to its positive reversion.

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A positive trend impetus is indicated by the USDCHF exchange rate’s present position above the Hull Suite. The forex signal QQE MOD, which is located above the zero line, indicates price increase. The price may rise above $0.81 and get closer to the $0.82 hedging scenario if the buying impulse can hold above the $0.80 resistance position. If merchandisers put in enough effort to lower the price from $0.79 to $0.77, they can still reduce it to $0.75.

 

USDCHF Medium-term Trend: Bullish

The USDCHF’s medium-term prognosis is getting better. The double bottom chart pattern close to the $0.79 hedging position had caused bullish pressure on the currency brace a few days prior. On July 23, the price attempted, but failed, to break below at $0.79 when an inner bar candle pattern emerged. The price started to incline as one went north. The pricing is targeting $0.80. However, if bulls can break above the previously anticipated barrier of $0.79, the market is crashing past it.

.79 Zone" width="1281" height="546" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/07/4-hours-63.png"/> A bull market is emerging when the currency brace crosses the Hull Suite signal. If the QQE MOD is greater than zero, any offer for a purchase transaction is encouraged.

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