FX.co ★ Melsiafy | USD/CHF

Hello Everyone..The USDCHF pair on the H4 timeframe is currently trading around 0.8133, pushing directly into a high-stakes gray resistance box spanning between 0.8120 and 0.8150. After bouncing aggressively off the lower moving averages near 0.8090, the greenback has recovered its short-term bullish momentum. However, this exact zone has previously generated massive selling pressure, leaving traders on edge as price retests these elevated levels. Technical Structure & Key Levels Looking at the chart setup, price action is caught between clear structural boundaries: Primary Resistance Zone: 0.8120 – 0.8150 (Upper gray supply block). Major Upside Target: 0.8180 – 0.8210 (Previous swing high peak). Dynamic Support: 0.8090 (Aligned with the green moving average). Critical Demand Floor: 0.8000 – 0.8020 (Lower gray support box). The red moving average has turned upward, staying above the green line to confirm intraday bullish alignment. However, candles are starting to leave small upper wicks near 0.8135, showing that sellers are actively defending this resistance zone. Order Flow & RSI Analysis Momentum on the RSI(14) is currently holding around 59. This is a very clean reading because it sits safely above the neutral 50 level without being overbought. It tells us that buyers maintain control of the trend, but there is still enough space for another push higher if a breakout occurs. If the RSI turns down toward 50, expect momentum to cool off quickly. My Personal Trade Plan I am treating this setup with high discipline rather than rushing in: The Bullish Breakout Scenario: I want to see a full H4 candle close above 0.8150. That would invalidate the supply zone and open a clear path toward 0.8180 and 0.8210. The Bearish Rejection Scenario: If we get a strong rejection wick or a bearish engulfing candle below 0.8135, I will consider a short trade targeting 0.8090, with a secondary target down at 0.8020. Risk Management & Verdict Trading inside a major supply zone is always risky because false breakouts are extremely common here. My approach is to keep position sizing small and wait for candle closing validation before execution. Standing aside until the market resolves this 0.8120–0.8150 fight is the smartest move for long-term capital protection.