USDCHF Drops More?

USDCHF is in the sharp downtrend with making lower highs and lower lows.

Currently, price has approached to the last major low and has been rejected from it.

Since we are facing a downside pressure, as long as price has not broken the last high at 0.92640, we expect more drop.

If price closes a bearish candle below the support level, there is a high probability of falling more around 0.91235