The USDCHF suffers negative pressure – Analysis

The USDCHF pair declined in its latest intraday trading, amid the dominance of a main bearish trend in the short- term basis, with continued trading below the EMA50. Additionally, we notice the beginning of a negative divergence forming in the Relative Strength Index (RSI), after reaching extremely overbought levels compared to price movement, along with the emergence of a negative overlapping signals.