USDCHF Technical Analysis and Trading Signal by Guriforex

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!

📉 USDCHF Market Faces Rejection – 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? Let’s break it down!

🌍 USDCHF Market Sentiment & Key Fundamentals

💰 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.

🇨🇭 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.

📉 USDCHF Technical Levels & Trade Setup

🔻 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.

📌 USDCHF Trade Setup

Sell Entry: 0.90050
🎯 Target 1 (TP1): 0.89600
🎯 Target 2 (TP2): 0.89250
🛑 Stop Loss (SL): 0.90395

📌 Why This Trade?

  • Resistance Rejection – Price struggles to break above key resistance.
  • Bearish Momentum – Lower highs signal potential downward continuation.
  • Market Sentiment – CHF demand could increase if risk-off mood persists.

📢 Risk Management & Strategy

⚠️ 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.

🔽 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.

🚀 Do you see Market dropping? Comment below and smash ❤️ if you agree with this trade setup!

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