FX.co ★ Aimee | USD/CHF

Technical analysis 21 Agust 2026 USD/CHF H-1

The USD/CHF hourly chart shows a moving average retracement after an aggressive selloff. The price recovered from its lows near 0.7958 to test key psychological and structural resistance around 0.80065. Key technical observations * Price action and trend: After a sharp break from the 0.8120 consolidation zone, the pair established a local floor at 0.7958. A subsequent V-shaped recovery has pushed the price back above 0.8000, testing the former support as potential immediate resistance. * MACD and Bears Power: The MACD histogram has printed a bullish crossover below the zero line, with the histogram bars shrinking towards neutral territory. Bears are contracting power (0.000998), confirming a sharp slowdown in downward momentum. * RSI Indicator: The Relative Strength Index (RSI 14) has recovered from oversold levels (below 15) to 52.05, indicating balanced momentum as the market re-evaluates direction near resistance. Business scenarios and entry strategies Scenario 1: Trend-Continuation Selling (Conservative) The overall macro trend on the hourly chart is bearish. If resistance holds, selling into this pullback offers an excellent risk-to-reward ratio. * Entry zone: 0.8010 - 0.8030 (breakdown structure and retest of moving average resistance) * Stop Loss (SL): 0.8065 (above immediate resistance cluster) * Take Profit (TP 1): 0.7975 (retesting recent swing low area) * Take Profit (TP 2): 0.7930 (targeting extension of long-term support) * Bias: High probability trades are associated with a tendency for fundamental error. Scenario 2: Breakout Buy (Aggressive) If buyers manage to push and close an H1 candle decisively above the 0.8010 handle, this indicates a short squeeze extension towards higher stability limits. * Entry zone: 0.8015 - 0.8025 (after confirmation of H1 candle close above resistance) * Stop Loss (SL): 0.7980 (below recent high low) * Take Profit (TP 1): 0.8060 (Intermediate Liquidity Pool) * Take Profit (TP 2): 0.8100 (retesting pre-breakdown consolidation area) * Bias: Tactical momentum trades that require strong confirmation. Risk Management Considerations * Key resistance test: Direct trading at 0.8000–0.8020 requires caution, as psychological round numbers often attract institutional liquidity and false breakouts. * Capital Protection: Maintain position size below 1-2% per trade to manage potential volatility during session overlap. Are you planning to short a retest of the breakdown level, or wait for a confirmed breakout above 0.8010?