USDCHF: Buyers Hold the Trendline

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USDCHF: Buyers Hold the TrendlineUSD/CHFOANDA:USDCHFParadise_NoirThe USD/CHF pair maintains its bullish structure, with the price holding firm above both the rising trendline and the Ichimoku cloud. The recent pullback to the 0.8180 level appears to be a minor correction rather than a confirmed reversal, as buyers continue to defend higher lows. Fundamentals also support a positive outlook. The US dollar remains strong, bolstered by expectations of a cautious stance from the Federal Reserve, contrasting with the Swiss National Bank's (SNB) more dovish policy outlook and limited support for the Swiss franc. As long as the 0.8180 level holds, the primary scenario is a renewed rally toward the psychological resistance zone around 0.8270. A clear reaction off the trendline would reinforce the bullish continuation setup. My view: USDCHF remains in an uptrend above 0.8180, with the next key target at 0.8270.