EUR/USD Breaks Key Resistance; USD/CHF Stuck Below 0.7850

EUR/USD has extended its upside momentum, breaking above key resistance levels as broad dollar weakness continues to dominate the forex landscape. The pair's sustained rally reflects growing bearish sentiment toward the US dollar, with sellers maintaining firm control across multiple dollar pairs. Concurrently, USD/CHF remains under significant pressure, struggling to reclaim the 0.7850 level as the Swiss franc benefits from safe-haven demand and persistent greenback softness. The euro's strength appears underpinned by improving Eurozone economic expectations and potential divergence in central bank policy outlooks between the ECB and the Federal Reserve. For EUR/USD, traders should monitor the freshly broken resistance zone, which now acts as near-term support, while further upside targets depend on continued dollar deterioration. On USD/CHF, the inability to sustain any recovery attempts below 0.7850 suggests the path of least resistance remains to the downside. Traders should watch upcoming US economic releases closely, as any disappointment could amplify dollar losses and extend the current trends in both pairs.