USDCHF Price Rebounds at $0. 78 Support Level

It is targeting $0.81 line

USDCHF Price Analysis – 06 December

If the purchasing impulse can sustain over the $0.81 resistance position, the price may move above $0.82 and approach the $0.83 hedging scenario. Merchandisers can still reduce the price to $0.78 if they work hard enough to cut it from $0.80 to $0.79.

 

Key Levels:

Resistance levels: $0.81 $0.82, $0.83

Support levels: $0.80, $0.79, $0.78

USDCHF Long-term trend: Bullish

The USDCHF chart has been climbing for the past three days. Customers have been able to satisfy the enormous demand for USDCHF since the price was set at $0.79 last week. Merchandisers have dominated the USDCHF market since February 25. The two currencies were at $0.79 a few days ago. A bullish engulfing candle pattern appeared at the first suggested position, and the price shifted to $0.80. Furthermore, the price began to increase once more. It was noted that the bullish harami candle pattern had appeared close to the first predicted resistance level. Because of its amazing reversal, the current target price is $0.81.

. 78 Support Level" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/12/Daily-10.png"/> Since the USDCHF exchange rate is currently higher than the Hull Suite, there is a positive impulse. A price inclination is indicated by the forex signal QQE MOD, which is situated above the zero line. If the purchasing impulse can sustain over the $0.81 resistance position, the price may move above $0.82 and approach the $0.83 hedging scenario. Merchandisers can still reduce the price to $0.78 if they work hard enough to cut it from $0.80 to $0.79.

USDCHF Medium-term Trend: Bullish

The medium-term outlook for the USDCHF is rising. The currency brace was under positive pressure a few days earlier because to the twin bottom chart pattern at the $0.78 hedging position. The price made a successful attempt to break above the inner bar candle pattern on October 13 at $0.79. As one moved north, the price began to rise. If bulls are successful in reaching the target of $0.81, the market will cross the previously projected barrier of $0.80. The bulls are in charge now.

. 78 Support Level" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/12/4-hours-16.png"/> When the currency brace passes the upward Hull Suite signal, a bull market is in full force. Any purchase offer is accepted if the QQE MOD is greater than zero.

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