USDCHF – Trendline Break Signals Bearish Shift (1H Analysis)

USDCHF has broken beneath a key ascending trendline that’s been supporting price since July 3rd. This drop comes after multiple failed attempts to break the 0.7986–0.8000 resistance zone — a level that continues to reject bullish pressure.

Now, price is retesting the broken trendline and the 50 EMA from below, creating a potential bearish continuation setup if this retest holds.

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Bias: 🔻 Short
This is now a bearish structure unless price reclaims and closes above 0.7985 with strength.

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Trade Idea:
• Entry Zone: 0.7960–0.7970 (trendline/EMA retest)
• TP1: 0.7930 (previous low / structure support)
• TP2: 0.7900 (psychological + demand zone)
• Invalidation: Clean break and hold above 0.7986

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📌 Structure shift + EMA + trendline confluence
📌 Clean rejection from resistance
📌 Lower highs forming

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