USDCHF is facing negative pressure due to overbought levels on the RSI
The main bearish trend is dominant on a short-term basis
Continued negative pressure is expected as the price trades below EMA50
The USDCHF price rose slightly in its last intraday trading, supported by the emergence of the positive signals on the (RSI), reaching exaggerated overbought levels compared to the price move, representing weakness sign that increase the negative pressure on the price, these pressures are represented by the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50.
