USD/CHF Intraday Signal: Downside Toward 0.7700
Analysis:
USD/CHF has recently formed a Change of Character (ChoCH) on the 4-hour timeframe, indicating a shift from the previous bearish trend into a short-term recovery phase. However, the latest rally stalled below the 0.7900 resistance zone, forming a weak high and suggesting that buying momentum is fading.
The market structure still shows significant supply overhead, while the nearest liquidity rests around the 0.7700 demand zone. As long as price trades below 0.7900, sellers are likely to regain control and push the pair back toward lower support levels. A rejection from the current area could trigger another move toward the demand zone where buyers previously stepped in.
Trade Setup:
Enter: Sell below 0.7850
Stop-Loss (SL): 0.7900
Target A: 0.7750
Target B: 0.7700