The pair traded within a range after a powerful bullish breakout, with USD/CHF surging toward the 0.8010 area before entering consolidation just below the highs. For the full-day outlook, the intraday structure remains bullish, although the pair is slightly overextended and may see pullbacks before attempting another move higher.

Current price: 0.7993

Pivot: 0.7986

Nearest support levels:

• S1: 0.7978
• S2: 0.7964
• S3: 0.7948

Nearest resistance levels:

• R1: 0.8004
• R2: 0.8014
• R3: 0.8030

Note:

• Above Pivot: holding above 0.7986 keeps the bullish scenario in place, with room for movement toward 0.8004, 0.8014 and 0.8030.
• Below Pivot: a drop below 0.7986 would suggest a deeper correction, with support targets at 0.7978, 0.7964 and 0.7948.

USD, CHF