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As we can see on the 4-hour chart of USD/CHF main currency pair, some interesting information appears, namely first the appearance of Divergence between the price movement of USD/CHF with the Stochastic Oscillator indicator, second the appearance of the Bearish 123 pattern followed by several Bearish Ross Hooks so that based on these data we can see that the bias of USD/CHF is currently still under pressure from Sellers, even though there is potential for a strengthening correction, but as long as it does not break through and close above the 0.8365 level, USD/CHF will continue to weaken again to the 0.8185 level as its main target and 0.8085 as the next target.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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