Mon, Feb 02, 2026 13:32 GMT
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    HomeContributorsTechnical AnalysisUSD/CHF Struggles to Rebound

    USD/CHF Struggles to Rebound

    The Swiss franc consolidates as July’s unemployment rate holds steady. A bullish RSI divergence suggests a deceleration in the previous sell-off. Successive breaks above 0.9580 and 0.9630 prompted the short side to cover and reconsider. Sentiment may turn around if the greenback stays above the demand zone near 0.9500. A close above the double top at 0.9650 would extend the rally towards 0.9810 next to the July peak. On the downside, a bearish breakout could trigger a new round of liquidation towards 0.9350.

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