The currency pair recovered slightly Friday but posted a 1.49% weekly loss amid falling US Treasury yields.
The USD/CHF pair rose 0.07% to 0.8010 on Friday, paring some of its weekly losses. The advance followed a 1.49% decline for the week, driven by a drop in US yields as the Treasury sought to curb elevated 30-year bond yields.
Earlier in the week, the pair faced downward pressure from shifting momentum, with the Relative Strength Index (RSI) signaling bearish control. Key resistance levels include the 50-day and 100-day Simple Moving Averages at 0.8086 and 0.7976, respectively.
Support is seen at 0.8000, followed by the 100-day SMA and the August 20 low of 0.7949. A break below could target the 200-day SMA at 0.7933.