📉 The USD/CHF pair is currently testing a critical support-turned-resistance level after a recent breakout. This shift suggests a bearish confirmation, indicating potential downward pressure.
📊 On the hourly chart, we can spot a horizontal range, with the breach of its support signaling a bearish sentiment taking hold.
💡 Considering these technical cues, there's a chance that USD/CHF might aim for the 0.9070 level in the near term.
💬 Let's stay vigilant and see how this scenario unfolds! 💬
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