The USD/CHF pair is still trading under pressure within a broader corrective decline, but the latest rebound from the recent lows suggests that sellers are temporarily losing momentum. The pair has started to recover into an important intraday balance zone, and this area should decide whether the move develops into a broader correction higher or stalls and returns to the downside trend. For the day, the pivot remains the key technical filter.
Current price: 0.77938
Pivot: 0.7790
Nearest support levels: S1: 0.7777, S2: 0.7765, S3: 0.7752
Nearest resistance levels: R1: 0.7806, R2: 0.7820, R3: 0.7836
Note: If the pair manages to stay above the pivot at 0.7790, the rebound may extend toward 0.7806 and 0.7820. If buyers keep control, 0.7836 becomes the next upside reference for the day. If the price slips back below 0.7790, bearish pressure may return and drag the pair toward 0.7777 and 0.7765, while 0.7752 remains the deeper downside target.
