USD/CHF Intraday Signal: Bearish Below 0.7830
USD/CHF formed a short-term bullish structure with gradual higher highs, but this move has been invalidated by a sharp impulsive breakdown from the 0.7920 region, indicating strong supply presence and a shift in order flow.
The aggressive drop created a clear BOS to the downside, followed by weak consolidation near 0.7800. The inability of price to recover above previous structure suggests that buyers have lost control and the current range is a bearish continuation setup rather than accumulation.
Price is now trading below key intraday support turned resistance (0.7830–0.7850). As long as this zone caps price, the market is likely to continue lower toward liquidity resting below recent lows.
Trade Setup
Enter: Sell below 0.7800
Stop-Loss (SL): 0.7855
Target A: 0.7760
Target B: 0.7720