USDCHF Price is on a clear bearish path – Analysis

The USDCHF pair declined in its latest intraday trading, amid a strong dominance of the main bearish trend and trading along a secondary downward trend line.

The pair appears to be preparing to break the current support level at 0.8150 with its recent decline, especially after renewing the selling momentum, that followed the pair’s successful relief from the previous oversold conditions, as indicated by the relative strength indicators.