USD/CHF Intraday Signal: Downside Toward 0.7700
Analysis:
USD/CHF on the 1-hour timeframe is showing signs of weakening bullish momentum after the recent rally stalled below the 0.7820 supply zone. The market failed to establish a new higher high and instead produced a weak high, indicating that buyers are losing control of the short-term trend.
The latest bounce toward 0.7800–0.7820 appears to be a corrective retracement rather than the start of a new bullish impulse. This area previously acted as a supply zone where sellers stepped into the market, suggesting that further downside pressure may emerge if the level holds.
As long as price remains below 0.7820, the structure favors another move toward lower liquidity. The next major demand zone sits around 0.7700, where buyers previously reacted strongly and created a structural low.
Trade Setup:
Enter: Sell below 0.7800
Stop-Loss (SL): 0.7835
Target A: 0.7750
Target B: 0.7700
