USD/CHF Stays Weak Below 0.8200 as Selling Pressure Continues
The USD/CHF pair is still trading below the 0.8200 level. It is also staying under the 100-day EMA (a moving average), which shows that sellers are still strong and the price might go lower.
Some technical signs like the RSI (Relative Strength Index) also show weakness. The RSI is not in the oversold area yet, which means the price could still fall more.
If the price drops below 0.8800, it may go down further to 0.8738 — the low seen in December. But if the pair moves above 0.8900, it might face resistance near 0.8924 (the 100-day EMA). If it breaks that level, the next target could be 0.9000, but that looks difficult for now.
Impact:
The USD/CHF pair could stay under pressure if it doesn’t rise above 0.8200. A move above 0.8900 might bring a small recovery, but chances are still low for now.