USD/CHF Pair Snaps Four-Day Rally, Eyes Breakout Above 0.8150

The USD/CHF pair snapped its four-day winning streak but remains above the crucial support level of 0.8100. The price action suggests that further upside is possible if buyers can reclaim key resistance levels.

The 'bearish flag' formation remains in play, and a breakdown could open the door to a resumption of the downtrend. However, a breakout above 0.8150 could expose higher targets at 0.8207 and 0.8250.

The Relative Strength Index (RSI) has turned flat, indicating that further sideways trading lies ahead. If the USD/CHF pair breaks above 0.8150, the next area of interest would be the July 29 high at 0.8207, followed by the June 19, 2025 high at 0.8215 and the June 4, 2025 peak at 0.8250.