The USD/CHF pair extended mild gains to trade near 0.7990 during early European hours on Thursday, supported by a slightly stronger U.S. Dollar after President Donald Trump signed the government funding bill, officially ending the record-breaking shutdown. Investors now shift focus to today’s Fedspeak from Neel Kashkari, Alberto Musalem, and Beth Hammack, seeking fresh signals on the Fed’s policy outlook.

Technically, the pair remains under bearish control, holding below the 100-day Exponential Moving Average (EMA), while the 14-day RSI stays beneath the midline around 46.6, indicating that selling momentum still outweighs buying interest.

The immediate support sits at 0.7946—October 6’s low—followed by 0.7909 and 0.7890, which marks the lower edge of the Bollinger Band. A sustained drop below these zones could trigger deeper downside moves.

However, on the upside, the key resistance is at 0.8007 (September 26 high). A confirmed break above it could invite buyers toward 0.8065 (100-day EMA) and later 0.8115, the upper Bollinger boundary.