USDCHF Analysis & Forecast – Bearish Breakdown Below Resistance Zone
🔶 Market Overview: USDCHF has recently rejected its resistance zone and broken down from its upside trend, signaling a shift towards a bearish market structure. The pair is now heading toward selling pressure at the 0.91090 level, with the next technical target being around 0.089000. This breakdown indicates potential further downside momentum.
📈 Key Levels to Watch:
Resistance Zone: 0.92000 Current Selling Zone: 0.91090 Technical Target: 0.089000 Support Level: 0.90810 🔶 Price Action & Outlook: The rejection at the resistance zone near 0.92000 has been followed by a breakdown, indicating that sellers have gained control of the market. The immediate target for this bearish move is 0.91090, and further downside toward 0.089000 is likely if selling pressure continues. The key support level to monitor is 0.90810, as a break below this level could accelerate the bearish momentum.
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