USDCHF Chart Technical Outlook pushes lower to 0.8900 due to the more hawkish SNB
USD/CHF broad bias is bearish. The pair printed lower highs and lows in June.
Retailers’ sentiment supports the bearish scenario and technical indicators on the 4H chart point to more weaknesses.
It has room to go for 0.8920 and 0.8900. A break of the latter opens the door to 0.8820.
Resistances are at 0.9000 and 0.9050.