USD/CHF Intraday Signal: Watch 0.7870
The USD/CHF Intraday Signal reflects prevailing downside pressure as price remains capped below the pivot resistance at 0.7870. Momentum conditions favor sellers, with the RSI showing clear downside momentum. As long as price trades beneath 0.7870, the bearish bias remains intact.
Immediate support is located at 0.7830. A decisive break below this level would confirm renewed selling pressure and likely extend the decline toward the downside objective at 0.7815. The inability to reclaim the pivot reinforces the short-term negative structure.
Trade Setup:
Enter: Short below 0.7870
Stop-Loss (SL): 0.7890
Target A: 0.7830
Target B: 0.7815