USD/CHD is on track to extend a weeks-long uptrend!

Think the pair will see higher highs in the next trading sessions?

Here’s what we’re seeing on the 4-hour time frame:

USD/CHF: 4-hour

USD/CHF 4-hour Forex

USD/CHF 4-hour Forex Chart Faster with TradingView

In case you missed it, a prime time speech by U.S. President Donald Trump offered little additional clarity on the U.S.-Israel war with Iran. Trump said the government would hit Iran “extremely hard” within weeks and did not rule out the possibility of boots on the ground.

The resulting uncertainty lifted safe haven demand for the U.S. dollar, pushing it higher against major counterparts, including fellow safe haven Swiss franc.

Meanwhile, the franc also faced its own headwinds, as Switzerland printed mixed economic data this week. The KOF economic barometer and retail sales pointed to softer growth, even as manufacturing PMI jumped from 47.4 to 53.3 in March.

Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If you haven’t yet done your homework on the U.S. dollar and the Swiss franc, then it’s time to check out the economic calendar and stay updated on daily fundamental news!

USD/CHF, which has been in a clear uptrend since late February, just printed a strong bullish candlestick above the .7900 psychological handle.

As you can see, the area the pair bounced from lines up with the 50% to 61.8% Fibonacci retracement zone, the Pivot Point (.7936), and the 100 SMA.

Sustained trading above the .7950 handle could open the door for a retest of the .8050 highs, if not fresh swing highs.

On the other hand, a pullback that holds below the .7900 handle may set up a potential break below the 100 SMA and ascending channel support.

Whichever bias you end up trading, don’t forget to practice proper risk management and stay aware of top-tier catalysts that could influence overall market sentiment.

Promoted: The Analysis & Strategy are only half the Battle; Your Mindset is the Rest.

Today’s chart art zooms in on USD/CHF’s uptrend retracement. But as any pro will tell you, even the cleanest trend-following setup can fall apart if the trader doesn’t stay disciplined when price starts testing the level.

In “Unknown Market Wizards,” Jack Schwager interviews successful traders to reveal a common truth: their edge isn’t just knowledge or skills—it’s their psychological resilience and rigid risk control. Whether you’re navigating tariff shocks or safe haven flows into the franc, learn how the “wizards” stay clinical when the rest of the market is emotional.

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Please be aware that the technical analysis content provided herein is for informational and educational purposes only. It should not be construed as trading advice or a suggestion of any specific directional bias. Technical analysis is just one aspect of a comprehensive trading strategy. The technical setups discussed are intended to highlight potential areas of interest that other traders may be observing. Ultimately, all trading decisions, risk management strategies, and their resulting outcomes are the sole responsibility of each individual trader. Please trade responsibly.