USD/CHF Intraday Signal: Toward 0.8045 as Downside Target
The USD/CHF pair remains under short-term bearish pressure while trading below the pivot resistance at 0.8075. Sellers are likely to maintain control, targeting downside levels at 0.8045 and 0.8030 in extension. The inability to break above 0.8075 indicates that supply remains dominant, reinforcing the bearish tone for the intraday outlook.
Technically, the RSI has softened from its upper band, reflecting waning bullish momentum, while price action continues to consolidate below key moving averages — a sign of potential follow-through to the downside. A confirmed break below 0.8045 would validate the bearish extension toward 0.8030.
Alternatively, a rebound above 0.8075 would neutralize the bearish view and open the door for an upside correction toward 0.8090 and 0.8105 before sellers likely reappear.
Trade Setup:
Enter: Short below 0.8075
Stop-Loss (SL): 0.8090
Target A: 0.8045
Target B: 0.8030
