The USD/CHF pair is a currently in a strong downtrend in the 1-hour chart.
After a brief pause and pullback rally, it has formed a bearish engulfing candlestick.
Hence we expect the pair to move to its support levels of 0.99452 from here.
After a brief pause and pullback rally, it has formed a bearish engulfing candlestick.
Hence we expect the pair to move to its support levels of 0.99452 from here.