FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF rebounded from upper limit of price channel with bearish movement
Pair is based below key level at 0.9195
Price is based below HVN at level 0.9150 which indicates that pair is in distribution phase
MACD shows bearish momentum
It's expected for coming correction to test lower limit of price channel near level 0.8925

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.