USD/CHF Intraday Signal: Bullish Momentum Above 0.8000
The USD/CHF pair continues to trade with a bullish bias, holding firm above the 0.8000 pivot level. Price action suggests ongoing upward momentum, supported by a positive RSI and consistent demand near support. As long as the pair remains above this threshold, upside targets are seen at 0.8025 and 0.8035 in extension.
Momentum indicators confirm the bullish setup — the RSI is trending above 50, showing strong buyer control, and the MACD supports continued upside. The pair also trades above its short-term moving averages, reflecting steady upward pressure.
A break above 0.8025 would further reinforce the bullish trend, potentially extending gains toward 0.8050. However, a move below 0.8000 could signal short-term correction toward 0.7985 and 0.7970, where fresh buying interest may reappear.
Enter: Long above 0.8000
SL: 0.7985
Target A: 0.8025
Target B: 0.8035