USD/CHF Intraday Signal: Under Pressure Toward 0.7940
Analysis:
USD/CHF remains under clear bearish pressure while trading below the pivot resistance at 0.8030. As long as this level caps the upside, sellers are expected to drive the pair toward 0.7965 and the primary downside objective at 0.7940. Market structure shows persistent rejection from the resistance zone, reinforcing downward momentum.
The commentary highlights that failing to break above 0.8030 keeps the risk of a break below 0.7965 high, which would open the path toward deeper downside extension. Technical tone remains negative, and sellers continue to dominate the short-term action.
Alternatively, a breakout above 0.8030 would weaken the bearish scenario and expose upside targets at 0.8045 and 0.8065, where resistance layers await.
Trade Setup:
Enter: Short below 0.8030
Stop-Loss (SL): 0.8045
Target A: 0.7965
Target B: 0.7940