USDCHF has been declining within the last recent months.
The support rests at 0.96440 with resistance at 0.96840 which both lines are below the weekly pivot point at 0.97260. The EMA of 10 is moving with bearish bias in the descendant channel and it is located below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the MACD line is below the signal line in the negative territory and the Stochastic is showing downward momentum. The ADX is showing sell signals. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The price is falling down towards 0.9605.

usdchf

usdchf