USD/CHF - Resistance Holds, Bearish StructureUSD/CHFOANDA:USDCHFAuricVerse_HQHi traders, is this rebound just another sell-the-rally setup? USDCHF is still trading under pressure after breaking the rising trendline. Price has recovered toward the 0.8120ā0.8135 resistance zone, but the rebound is struggling to regain the Ichimoku Cloud and the broader short-term structure still favors sellers. If price continues to reject this area, I would favor another move lower toward: šÆ Target 1: 0.8090 šÆ Target 2: 0.8072 The macro backdrop also slightly supports the bearish case. The US Dollar remains soft as markets continue to scale back expectations for another Fed rate hike, while renewed Middle East tensions can keep some safe-haven demand flowing into the Swiss Franc. The main counterweight is the sharp rise in US Treasury yields, so I would not expect a perfectly clean one-way move. I would rather wait for another rejection around 0.8120ā0.8135 than sell aggressively at current levels. If H1 reclaims 0.8135 and starts holding above the cloud, the bearish setup loses quality. AURICVERSE View: the broken trendline has already weakened the bullish structure. As long as the former resistance area keeps buyers capped, 0.8090ā0.8072 remains the path Iām watching. How are you reading this structure? Share your view below.