USD/CHF Intraday Signal: Bullish Momentum Holds Above 0.7975
USD/CHF maintains a bullish intraday structure while trading above the pivot level at 0.7975. Buyers remain in control, targeting resistance zones at 0.8010 and 0.8030 in extension. Price action continues to stabilize above the key support base, signaling that buyers are still defending the uptrend despite temporary consolidation phases.
The RSI and overall market structure remain constructive, indicating gradual accumulation within a steady uptrend. Although a short-term consolidation cannot be ruled out, its extent is expected to be limited as long as price stays above 0.7975. A clear move above 0.8010 would confirm renewed bullish momentum and open the door toward 0.8030.
Alternatively, a break below 0.7975 would weaken the immediate bullish outlook and expose supports at 0.7955 and 0.7935 before potential demand re-emerges.
Trade Setup:
Enter: Long above 0.7975
Stop-Loss (SL): 0.7955
Target A: 0.8010
Target B: 0.8030
