My USD/CHF Trade Report — October 2025US Dollar/Swiss FrancFX:USDCHFECOINFX I am looking to go long on USD/CHF. The chart shows that price has been in a consistent downtrend for several months but is now testing a descending trendline that has acted as resistance since April. I believe this area could mark the beginning of a reversal or breakout to the upside. My entry zone is around 0.7950 to 0.7970 with the first target near 0.8200 and the extended target around 0.8470. My stop loss is below the 0.7850 zone which is the last clear structural support. Technically, the pair has started to show early signs of strength with higher lows forming near support and momentum beginning to shift upward. A clean break and close above the descending trendline would confirm bullish continuation. The overall structure looks favorable for a trend reversal as long as price stays above 0.7850. On the fundamental side, I see reasons to support a bullish USD/CHF view. The United States still holds a significant interest rate advantage over Switzerland, with the Federal Reserve maintaining policy rates around 5.25 to 5.5 percent while the Swiss National Bank keeps rates near zero. This yield gap continues to attract capital toward the dollar. At the same time, Swiss economic performance has softened as exports face pressure from global trade tensions and U.S. tariffs on certain goods. With oil prices between 60 and 70 dollars and global demand uncertain, Switzerland’s export-dependent economy remains under strain. The U.S. economy remains relatively resilient with steady consumer spending and employment data, keeping expectations of prolonged higher rates alive. As long as the Fed holds its stance and the SNB remains cautious, I expect USD strength to persist against the franc. I am aware of the key risks. The Swiss franc often gains during periods of global uncertainty because of its safe-haven status. If markets turn risk-off or if the Fed signals early rate cuts, USD/CHF could drop sharply. Strong Swiss data or intervention from the SNB to prevent excessive franc weakness could also challenge this position. Overall, I am moderately bullish on USD/CHF through the rest of 2025. The technical picture aligns with the fundamental backdrop of a strong U.S. dollar and a weaker Swiss franc. As long as the pair holds above 0.7850, I will keep the long bias with a view toward 0.8200 first and 0.8470 as my extended target. I plan to take partial profit once the pair reaches the first target and let the rest of the position run if momentum continues to build.