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USD/CHF Price Forecast: Sits near November 2025 top as bulls await move beyond 0.8100

USD/CHF Price Forecast: Sits near November 2025 top as bulls await move beyond 0.8100

FXStreetFXStreet2026/06/23 08:39
By:FXStreet

The USD/CHF pair trades with a positive bias for the fifth straight day on Tuesday, near its highest level since November 2025, with bulls awaiting sustained strength above the 0.8100 mark before positioning for further gains.

The US Dollar (USD) has climbed to a fresh high since May 2025 in the face of persistent geopolitical uncertainties and the US Federal Reserve's (Fed) hawkish tilt. A broadly firmer buck, in turn, is seen as a key factor that continues to act as a tailwind for the USD/CHF pair and backs the case for an extension of the uptrend witnessed since the beginning of this month.

The recent breakout through the 200-day Exponential Moving Average (EMA) pivotal barrier, the 0.8000 psychological mark, and the previous year-to-date high, touched in January, were seen as key triggers for bulls. Furthermore, the Moving Average Convergence Divergence (MACD) line holds above its signal with a positive histogram, reinforcing persistent bullish pressure.

Meanwhile, the Relative Strength Index (14) hovers just below the overbought threshold near 69, hinting at stretched but still constructive momentum. Nevertheless, the USD/CHF pair is likely to stay bid while holding above the 200-day EMA breakout point near 0.7966, which should now act as a key reference point for traders even if a short-term corrective pullback unfolds.

That said, A sustained daily close back below that moving average would ease the immediate bullish tone and open room for a deeper corrective pullback, especially if overbought RSI readings start to unwind and the MACD histogram begins to contract.

(The technical analysis of this story was written with the help of an AI tool.)

USD/CHF daily chart

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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