USD/CHF Climbs as Focus Shifts to U.S. Data, Swiss Franc Awaits US DOLLAR VS SWISS FRANCERRANTE:USDCHFErranteTechnical Analysis On the 4-hour chart, USD/CHF is building a recovery from the 0.79441 low. Notably, the pair is not retesting the previous falling trendline but is approaching a critical resistance at the last swing high of 0.79793. If bullish momentum persists, a break above 0.79793 (last swing top and 100% Fibonacci retracement) will open the way to 0.79889 (127.2% Fib extension), 0.80011 (161.8% extension), and potentially the psychological 0.80145 level. The widening Bollinger Bands support the case for an extended move if resistance is cleared. Alternative Scenario: Should the pair fail to clear 0.79793, a reversal toward 0.79659 or even a retest of the 0.79441 low becomes plausible. This would likely occur if U.S. macro data disappoints or if safe-haven flows return to CHF. Fundamental Outlook US Treasury Bill and Note Auctions: The 3-month, 6-month, 2-year, and 5-year note auctions will attract institutional attention for yield and demand, but are not expected to cause direct volatility in USD/CHF barring a significant spike in yields or a poor auction result. No high-impact Swiss data is scheduled today. The franc remains guided by risk sentiment, expectations around SNB liquidity operations, and potential intervention signals.