The pair trades marginally lower but remains above 0.7965, reflecting sustained bullish momentum despite resistance at 0.8000.
The US Dollar edges slightly lower against the Swiss Franc, trading near 0.7980 after failing to break above the 0.8000 level. Bulls remain in control, with downside limited above 0.7965, maintaining the pair at two-month highs.
Earlier, USD/CHF climbed to its highest level since late June, supported by broader USD strength and cautious market sentiment. The 0.8000 mark has acted as a psychological barrier, capping further gains in recent sessions.
Market reaction has been muted, with traders awaiting fresh catalysts before committing to a breakout or reversal.