USDCHF Wave Analysis 4 March 2026

RunWithRugs · 2026-03-07T17:25:43+00:00

The USDCHF currency pair has reversed from a resistance zone and is likely to decline towards the support level of 1.5765, following a strong daily downtrend.

RunWithRugs

2026-03-07 17:25:43

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(MENAFN- FxPro) USDCHF: ⬇️ Sell

– USDCHF reversed from resistance zone

– Likely to fall to support level 1.5765

USDCHF currency pair recently reversed down from the resistance zone between the key resistance level 0.7830 (former multi-month support from September), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from January.

The downward reversal from this resistance zone stopped the impulse waves C of the intermediate ABC correction (4) from January.

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Given the strong daily downtrend, USDCHF currency pair can be expected to fall to the next support level 1.5765 (former support from July).

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