USD/CHF Intraday Signal: Further Upside Expected Above 0.7940
The USD/CHF pair maintains a bullish intraday structure, trading confidently above the pivot level at 0.7940. The recent price action suggests that buyers are gaining strength, with momentum indicators aligning to support further upside potential toward 0.7985 and 0.8000.
The RSI remains in bullish territory, holding above the 50 mark and signaling sustained buying pressure. The MACD supports this outlook, showing a positive slope and a widening histogram — a typical pattern before a continuation move. Additionally, the pair is holding above both its 20- and 50-period moving averages, confirming that short-term momentum remains positive.
As long as 0.7940 continues to act as intraday support, upside targets at 0.7985 and 0.8000 remain valid. A break below 0.7940, however, could trigger a pullback toward 0.7925 and 0.7910, though this would likely be limited within a broader bullish context.
Enter: Long above 0.7940
Stop-Loss (SL): 0.7925
Target A: 0.7985
Target B: 0.8000
