The USDCHF currency pair shows a negative trend. Currently, quotes are trading at 0.9711. According to my trading strategy, I expect the quotes to move down. The technical indicators on the hourly chart mainly indicate sales: the direction line is colored red, Oracle Move is above the quotes and the blue line is above the red, TmaSlope is neutral in the negative zone, the PriceBend line indicates a flat, the TrendStrength Trio line is below level 0. Resistance levels : 0.9740, 0.9787. Support Levels: 0.9693, 0.9646. Based on a technical analysis, I consider short positions below the level of 0.9740 with the target of 0.9693, 0.9646. An alternative scenario can be considered above the level of 0.9740.![]()


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