The USD/CHF pair keeps a constructive intraday structure after a strong recovery from last week’s lows and is now consolidating just below the recent top zone. The H1 chart shows that buyers managed to reclaim control and hold most of the advance, which is usually a sign of trend stability rather than exhaustion. At the same time, the market is no longer in a clean impulse and is trading inside a pause near resistance, so the session may begin with sideways action before the next directional leg develops.
Current price: 0.78162
Pivot: 0.7810
Nearest support levels: S1: 0.7798, S2: 0.7782, S3: 0.7765
Nearest resistance levels: R1: 0.7828, R2: 0.7843, R3: 0.7860
Note: If the pair stays above the pivot at 0.7810, buyers may continue to defend the recovery structure and push toward 0.7828 and 0.7843. If the bullish move extends across the session, 0.7860 becomes the next upside target. If the price slips back below 0.7810, the pair may enter a broader corrective pullback toward 0.7798 and 0.7782, while 0.7765 is the deeper bearish level if the market loses its recent upward momentum.
