USDCHF 5.11.2025
Overall trend:
The pair has recently broken above a descending trendline drawn from prior highs and is now testing a key resistance zone near 0.8130. This breakout offers a tactical edge to buyers as long as price holds above 0.8099, though the market remains vulnerable to profit-taking after the latest rally.
Expected scenario:
Bullish: Holding above 0.8099 supports continued upside toward 0.8130 and possibly 0.8180 if momentum persists.
Bearish: A move back below 0.8099 would hint at a deeper correction toward 0.8038 then 0.7991.
Key levels:
Resistance: 0.8130 – 0.8180
Support: 0.8099 – 0.8038 – 0.7991
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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