USDCHF - Rejecting resistance within a channelUSD/CHFOANDA:USDCHFLingrid The broader structure is dominated by a recovery from the lower triangle boundary. Price is now testing a clear horizontal resistance line while carving a distinct rising channel 🧭. Previous rejections at this level highlight its significance for the current corrective phase. Pressure is building as the pair hits the ceiling, signaling a potential downside reversal. A failure to clear 0.8315 confirms the rejection, leading to a ⚠️ retreat towards the channel support. Sustained momentum above the resistance would invalidate this bearish outlook. 🎯 🏦 USD FOMC policy announcement is scheduled for later today, likely driving volatility for the pair. 🔑 Key Levels 🚧 Resistance: 0.8315 🛡️ Support: 0.8260