Categories: Technical analysis

USDCHF Wave Analysis – 10 April 2025

USDCHF: ⬇️ Sell

– USDCHF broke support zone

– Likely to fall to support level 0.8200

USDCHF currency pair recently broke the support zone between the key support level 0.8400 (which reversed the price multiple times in August and September) and the support trendline of the daily down channel from February.

The breakout of this support zone accelerated the active intermediate impulse wave (3).

USDCHF currency pair can be expected to fall to the next support level 0.8200, which is the target price for the completion of the active impulse wave (3).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: USDCHF

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