The USDCHF continued it’s bearish momentum yesterday, bottomed at 1.0033 and closed at 1.0062. The bias remains bearish with 1.0000 as potential target. However, that area also could be a strong support area, so I think I will be very careful at this phase and keep an eye to any reactions around that support area. A break below that area should take us into a new phase of a bearish scenario. Immediate resistance at 1.0080 and 1.0166 area. Long position is not recommended.