USDCHF closes the last trading session in the green zone, while the downward price movement vector prevails on the higher time-frame.
The support and resistance levels:
The closest support to the price is at the 0.79465 mark.
This level was formed by the Three Outside Bars Up pattern. The pattern consists of three Japanese candlesticks: the first candlestick has a short black real body, the second candlestick has a long white real body and completely engulfs the first candlestick, and the third candlestick is also white, closing above the second candlestick.
The nearest resistance level is at the level of the 0.79769.
This level was formed by the Evening Star pattern. This pattern consists of three Japanese candlesticks: the first candle has a long white real body, the second candle is a doji with a small real body, and the third candle has a long black real body. The third candle opens below the close of the second candle and closes below the first candle.
Trading recommendations:
The latest pattern formed on the chart prioritizes short positions. This signal is also proved with the price movement dynamics on the higher time-frame.
USDCHF H1: The Price Action Forecast for the European Session on 6.10.2025
