The USD/CHF pair is now heading toward the area of 0.9116 - 0.9072. This bearish movement has been confirmed by the price moving inside a downward slope channel. Please pay attention if the price makes a retracement upwards and closes above 0.9207. If so, all the targets for the downward movement will be canceled automatically.
The overall bias for USD/CHF now is bearish.
(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com