FxWirePro- USDCHF Trade Idea

The currency pair  trades weak as demand for safe-haven assets increased. It hits an low of 0.87583 and is currently trading around 0.88078. The intraday bias appears to be bearish  as long as the resistance 0.9000 holds. 

The Swiss franc recently strengthened, rising 0.3% to about 0.8775 per dollar on March 31, 2025, as investors turn to safe-haven assets amid growing economic uncertainty driven by President Trump's trade policies and potential inflationary pressures. This is all within a broader trend in which both the Swiss franc and the Japanese yen have risen against interest currencies as investors seek stability in these traditional safe-haven currencies in the face of increasing trade tensions and their attendant economic repercussions. Market analysts have referred to this shift as a flight to safety since investors move towards assets perceived to be safer during times of economic crisis, triggering violent shifts in trading behavior driven by geopolitical actions and monetary policy expectations

Technical Analysis and Resistance Levels

The pair is trading above the 34-EMA and below  55-EMA on the 4-hour chart  indicates a minor up trend. The immediate resistance is at 0.8865 any break above  targets 0.8890/0.8940/0.9000/0.9035/0.9070/0.9100/0.9150/0.9200/0.92250/0.9275/0.9300. 

Support Levels and Potential Declines

On the downside, near-term support is around 0.8750, any violation below will drag the pair to 0.8720/0.8660/0.8600.

Bullish Indicators

CCI (50) - Bearish
Directional movement Index - Neutral

Trading Strategy Recommendation

It is good to sell on rallies around 0.8850-525 with a stop-loss at 0.8890 for a TP of 0.8720.