USD/CHF Intraday Signal: Further Upside Toward 0.7740
Analysis:
USD/CHF maintains a constructive intraday structure while trading above the pivot support at 0.7695. Buyers remain in control, targeting 0.7725 initially, followed by the extended upside objective at 0.7740. Price action continues to respect support, reinforcing the positive short-term bias.
Momentum indicators support the bullish case. The RSI is supported by a bullish trend line, signaling sustained upward pressure and increasing the probability of continuation toward higher levels. As long as price holds above 0.7695, pullbacks are expected to remain corrective.
Alternatively, a sustained break below 0.7695 would weaken the bullish setup and expose downside levels at 0.7680 and 0.7665, where fresh selling pressure may emerge.
Trade Setup:
Enter: Long above 0.7695
Stop-Loss (SL): 0.7680
Target A: 0.7725
Target B: 0.7740