USDCHF Wave Analysis – 16 June 2025

USDCHF: ⬆️ Buy

– USDCHF reversed from key support level 0.8055

– Likely to rise to resistance level 0.8185

USDCHF currency pair recently reversed up from the key support level 0.8055, which stopped the previous impulse wave (1) at the end of April.

The support zone near the support level 0.8055 was strengthened by the lower daily Bollinger Band.

Given the oversold daily Stochastic, USDCHF currency pair can be expected to rise to the next resistance level 0.8185 (former support from May and the start of June).

Source: https://fxpro.news