The USDCHF slipped modestly following the release of U.S. housing data, with the decline pushing the pair back below the 200-hour moving average and a key swing level near 0.81696 (see green line and red-numbered circles on the chart). This area now stands as a key intraday barometer for the pair.
Earlier in the session, the price found buyers near a support zone defined by prior swing highs and lows between 0.8146 and 0.8155. That area remains a key support floor
The USDCHF trades above and below the 200 hour MA/swing level