USDCHF has found support at the 0.8550 level, according to FX Leaders. This level has proven to be a strong support for the currency pair. Traders are closely monitoring this level to see if it will hold or if there will be a break below it.
The USDCHF pair has been trading within a range in recent sessions, with 0.8550 acting as a key support level. If this level holds, we could see a bounce back towards higher levels. However, if the support is breached, we may see further downside movement.
Traders are advised to keep a close eye on the 0.8550 level and to watch for any breakouts or bounces. It is important to have a clear strategy in place in order to navigate the potential movements in the USDCHF pair.