USD/CHF remains inside a broad intraday range after the sharp spike and reversal seen earlier, and the pair is currently trading close to the lower-middle part of that structure. For the full-day outlook, the bias is neutral to slightly bearish while the pair stays below the Pivot area.

Current price: 0.8083

Pivot: 0.8085

Nearest support levels:

• S1: 0.8075
• S2: 0.8065
• S3: 0.8050

Nearest resistance levels:

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

Note:

• Above Pivot: if USD/CHF returns above 0.8085, buyers may target 0.8095, 0.8110 and 0.8125.
• Below Pivot: while the pair remains below 0.8085, pressure may stay on the downside with targets at 0.8075, 0.8065 and 0.8050.

USD, CHF