USD/CHF has moved into a corrective decline after failing to hold near the recent highs above 0.8130. The pair is now trading near the lower part of the short-term range, and the intraday tone is slightly bearish while price remains below the Pivot zone.

Current price: 0.8086

Pivot: 0.8088

Nearest support levels:

• S1: 0.8075
• S2: 0.8060
• S3: 0.8045

Nearest resistance levels:

• R1: 0.8095
• R2: 0.8110
• R3: 0.8125

Note:

• Above Pivot: a recovery above 0.8088 may improve the outlook and open the way toward 0.8095, 0.8110 and 0.8125.
• Below Pivot: while price stays below 0.8088, the correction may continue toward 0.8075, 0.8060 and 0.8045.

USD, CHF