On the H1 chart for USD/CHF, the recent price action shows a consolidation phase following a strong bullish rally. The last few candles have formed a descending triangle pattern, with the high at 0.80836 and low at 0.80638 acting as key resistance and support levels. The current close at 0.80638 aligns with the lower boundary of this consolidation, suggesting potential weakness. Volume has been elevated during the recent pullback, indicating strong selling pressure that may validate a break below the support. The pair has been trading in a range-bound structure, but the recent close near the lower end of the…

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