USDCHF Daily Forecast

The USDCHF didn’t make significant movement yesterday. On h4 chart below we can see that the pair still trapped in triangle area after a significant downside movement. I am expecting a breakdown from the triangle and continuation of the bearish movement, but downside scenario is not confirmed yet as long as 1.0750 support hold. Break below that support should trigger further bearish pressure at least towards 1.0650. Immediate resistance at 1.0890.