USD/CHF Under Pressure as USD Weakness Drives Decline

USD weakness driven by softer expectations around Fed policy and upcoming U.S. data is weighing on USD/CHF, while safe-haven demand for the Swiss franc is adding downside pressure.

USD/CHF is trading around 0.7785, now below the January trendline, with strong bearish pressure seen over the past two days. A daily close below this trendline would confirm further weakness and open the door toward the 0.7750 target area.

The 0.7800 level is key resistance. If price moves back above and holds, it could shift momentum and allow a recovery toward the 50-day SMA.

USD/CHF Daily Chart

Bottom line: Bias remains bearish below 0.7800, with focus on a breakdown toward 0.7750. A move back above resistance would weaken the bearish outlook and signal a potential rebound.