USD/CHF Intraday Signal: Mixed Indicators Suggest Caution Below 0.8000
USD/CHF is showing mixed intraday signals while trading below the pivot level at 0.8000. Although the broader tone leans slightly bearish, momentum indicators suggest caution as short-term conditions appear indecisive. As long as 0.8000 holds as resistance, the pair remains vulnerable to further downside toward 0.7965 and 0.7950.
Intraday oscillators are not fully aligned — the RSI hovers near the neutral zone, while the MACD shows limited conviction. Price action, however, continues to trade below key short-term moving averages, implying that downside pressure could resume if momentum strengthens. A confirmed break below 0.7965 would pave the way for an extended decline toward 0.7950.
Alternatively, a rebound above 0.8000 would invalidate the immediate bearish view and open the path toward 0.8015 and 0.8030 before sellers potentially return.
Trade Setup:
Enter: Short below 0.8000
Stop-Loss (SL): 0.8015
Target A: 0.7965
Target B: 0.7950