USDCHF Price May Commence a Bullish Trend at $0.79
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USDCHF Price May Commence a Bullish Trend at $0.79

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Azeez Mustapha

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Bulls are preparing to take over market

USDCHF Price Analysis –04 July

If the purchasing impulse can sustain over the $0.80 resistance position, the price may move above $0.81 and approach the $0.82 hedging scenario. Merchandisers can still cut the price to $0.75 if they work hard enough to bring it from $0.79 to $0.77.

Key Levels:

Resistance levels: $0.80, $0.81, $0.82
Support levels: $0.79, $0.77, $0.75

USDCHF Long-term trend: Bearish

The USDCHF map has been trending lower for more than a month. Clients have been able to satisfy the high demand for USDCHF since the price was set at $0.84 a few weeks ago. Since February 25, merchandisers have dominated the USDCHF market. The two currencies were worth $0.82 a few days ago. A bearish engulfing candle pattern was evident at the first suggested position. Furthermore, the price began to decline by less than $0.81. It was noted that the bearish harami candle pattern had appeared close to the first expected support level. Because of its negative reversion, the current target price is $0.79.

USDCHF Price May Commence a Bullish Trend at <img fetchpriority=.79" width="1281" height="546" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/07/Daily-15.png"/>

 

The USDCHF exchange rate’s current position below the Hull Suite suggests a bearish trend impulse. Price declines are indicated by the forex signal QQE MOD, which is situated beneath the zero line. If the purchasing impulse can sustain over the $0.80 resistance position, the price may move above $0.81 and approach the $0.82 hedging scenario. Merchandisers can still cut the price to $0.75 if they work hard enough to bring it from $0.79 to $0.77.

USDCHF Medium-term Trend: Bullish

The medium-term outlook for the USDCHF is improving. A few days before, the currency brace was under bearish pressure because of the head and shoulder candle pattern at the $ 0.84 hedging position. When an inner bar candle pattern appeared on April 25, the price made an unsuccessful attempt to break up at $0.84. As one moved south, the price began to drop. The price tested $0.79 point. The market is plunging above $0.79, nevertheless, if bulls can break above the previously predicted barrier of $0.79.

USDCHF Price May Commence a Bullish Trend at <img decoding=.79" width="1281" height="546" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/07/4-hours-14.png"/>

When the currency brace drops above the Hull Suite signal, a bullish market is in progress. It is recommended to make any offer for a buy transaction if the QQE MOD is more than zero.

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