Welcome dear traders, Today we come with the USDCHF trading Signal. Will the bulls take control, or are the bears ready to dominate? Let’s analyze the key price action!

π USDCHF Market Faces Rejection β Bearish Move Incoming?
USDCHF is trading near 0.90050, facing resistance at a key level. With a potential bearish rejection from this zone, is a sell-off towards 0.89600 and 0.89250 likely? Letβs break it down!
π USDCHF Market Sentiment & Key Fundamentals
π° US Dollar Weakness
- The US Dollar Index (DXY) is showing signs of fatigue, failing to hold its recent gains.
- Fed rate cut expectations remain in focus, adding pressure on USD.
π¨π Swiss Franc Strength
- The CHF remains a safe-haven currency, benefiting from market uncertainty.
- If risk-off sentiment continues, CHF could strengthen, pushing USDCHF lower.
π USDCHF Technical Levels & Trade Setup
π» Key Resistance Holding at 0.90050
Price is rejecting a strong resistance zone, indicating bearish momentum.
- A move below 0.90000 could confirm further downside.
π USDCHF Trade Setup
β
Sell Entry: 0.90050
π― Target 1 (TP1): 0.89600
π― Target 2 (TP2): 0.89250
π Stop Loss (SL): 0.90395
π Why This Trade?
- Resistance Rejection β Price struggles to break above key resistance.
- Bearish Momentum β Lower highs signal potential downward continuation.
- Market Sentiment β CHF demand could increase if risk-off mood persists.
π’ Risk Management & Strategy
β οΈ Watch for a Breakout!
- If 0.90395 resistance breaks, a bullish reversal could occur.
- Keep an eye on US economic data that could impact USD sentiment.
π½ USDCHF Bearish Confirmation:
- A daily close below 0.90000 could trigger stronger selling pressure.
- If price holds below 0.90050, the bearish move remains valid.
π Do you see Market dropping? Comment below and smash β€οΈ if you agree with this trade setup!