FX.co ★ blaise.rogahn | USD/CHF

When it comes to the USD/CHF pair, if there are no surprises at the market opening, it is obvious that we should expect another wave of growth, as the price was able to hold above the 1.8060 level by the close of trading. This indicates that there is no hint of a downtrend on the hourly timeframe according to my Envelopes indicator, not to mention that the primary timeframes are the four-hour and daily ones. At the same time, the rise of the USD/CHF pair is limited by the 0.8109 level. Therefore, I believe that selling the USD/CHF pair on a rebound from the resistance at 0.8109 is a viable option, with the target for such sales being a decline to the zone of 0.8029 - 0.8062, which will be the first sign of a possible reversal to the south.