USD/CHF Intraday Signal: Upside Prevails Toward 0.7755
Analysis:
USD/CHF maintains a constructive intraday outlook while trading above the pivot support at 0.7705. Buyers remain active above this level, targeting 0.7740 initially, followed by the extended upside objective at 0.7755. Price structure supports continuation as higher intraday lows begin to form.
Momentum conditions reinforce the bullish case. The RSI has just landed on its neutrality area at 50% and is turning up, signaling renewed upside momentum and improving buying pressure. As long as price remains supported above 0.7705, pullbacks are expected to remain corrective.
Alternatively, a sustained move below 0.7705 would weaken the bullish setup and expose downside levels at 0.7690 and 0.7680, where sellers may attempt to regain control.
Trade Setup:
Enter: Long above 0.7705
Stop-Loss (SL): 0.7690
Target A: 0.7740
Target B: 0.7755