USDCHF Intraday Signal: Buy Above 0.7990
Analysis
USDCHF on the 1H timeframe shows a bullish continuation structure after a strong impulsive move from the 0.7900 demand zone, which created a clear BOS to the upside. This confirms that buyers have taken short-term control of the market.
The recent pullback into 0.7990–0.7980 is corrective and aligns with a fresh demand zone, where price has already shown reaction. The structure remains intact with higher lows forming, and no confirmed bearish shift (no valid downside CHoCH).
Price is currently holding above this demand, indicating accumulation before a potential move higher. Liquidity rests above recent highs (~0.8020), making it a likely target in the short term.
Trade Setup
Enter: Buy above 0.7990–0.8000
Stop-Loss (SL): 0.7965
Target A: 0.8030
Target B: 0.8060