Bears increase their momentum
USDCHF Price Analysis – 13 December
The price may rise above $0.82 and get closer to the $0.83 hedging scenario if the buying impulse can hold above the $0.81 resistance position. If merchandisers put forth enough effort to lower the price from $0.80 to $0.79, they can still lower it to $0.78.
Key Levels:
Resistance levels: $0.81 $0.82, $0.83
Support levels: $0.80, $0.79, $0.78
USDCHF Long-term trend: Bearish
For the last three days, the USDCHF chart has been falling. Since the price was established at $0.84 last 2 months, consumers have been able to meet the massive demand for USDCHF. Since March, merchandisers have controlled the USDCHF market. A few days ago, the two currencies were worth $0.81. At the first recommended position, a bearish engulfing candle pattern emerged, and the price moved to $0.80. In addition, the price started to fall again. The bearish harami candle pattern was observed to have emerged near the first anticipated barrier level. The current target price is $0.80 due to its remarkable reversal.
. 78 Support Level" width="1281" height="530" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/12/Daily-22.png"/>
USDCHF Medium-term Trend: Bearish
The USDCHF’s medium-term prognosis is reducing. A few days prior, the twin top chart pattern at the $0.78 hedging position put negative pressure on the currency brace. On October 13, at $0.79, the price successfully attempted to break above the inner bar candle pattern. The cost started to decrease as one headed south. The market will surpass the previously anticipated barrier of $0.80 if bulls are successful in attaining the aim of $0.81. Now, the bulls are in control.
. 78 Support Level" width="1281" height="530" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/12/4-hour.png"/>
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
