USD/CHF Intraday Signal: Bullish Bias Holds Above 0.7930
Analysis:
USD/CHF maintains a bullish intraday bias while holding above the pivot level at 0.7930. Buyers retain control of the short-term structure, targeting 0.7965 initially and the primary upside objective at 0.7980 in extension. Price action remains supported above key levels, favoring continuation of the upward move.
Although a continuation of consolidation cannot be ruled out, its downside extent is expected to remain limited as long as price stays above 0.7930. The broader structure suggests stabilization above support, keeping the bullish scenario intact.
Alternatively, a break below 0.7930 would weaken the bullish setup and expose downside levels at 0.7915 and 0.7900, where buyers may attempt to regain control.
Trade Setup:
Enter: Long above 0.7930
Stop-Loss (SL): 0.7915
Target A: 0.7965
Target B: 0.7980
