USDCHF: Ascending Channel Keeps the Bullish Bias AliveUSD/CHFOANDA:USDCHFParadise_NoirUSDCHF maintains its bullish trend as the price continues to trade within an ascending channel and holds above the Ichimoku cloud. After facing rejection at the channel's upper boundary, the price is undergoing a minor correction but continues to form higher lows. The 0.8113 level currently serves as key support, coinciding with both the channel's lower boundary and the Ichimoku cloud, thereby increasing the likelihood of renewed buying interest. Fundamentally, the USD remains supported by expectations that the Federal Reserve will maintain high interest rates, whereas the SNB retains a loose monetary policy stance with low rates and has yet to signal tightening. This continues to favor USDCHF in the short term, although safe-haven demand for the CHF could trigger brief pullbacks. The preferred scenario is to wait for the price to hold the 0.8113 level and show a bullish confirmation signal. If buying pressure returns from this support zone, USDCHF could target the 0.8180 level, corresponding to the upper boundary of the ascending channel. Invalidation scenario: If the price closes below 0.8113 on the H4 timeframe and breaks below the ascending channel's lower boundary, the bullish structure would weaken, increasing the risk of a deeper correction.