The USD/CHF chart shows bearish momentum, with potential for further downward movement. The first support level is at 0.89772, which is an overlap support which may trigger significant market activity for buyers. The second support at 0.88273 which is a swing-low support that could act as a strong price floor. The first resistance at 0.90889 is an overlap resistance which may impede upward movement. The second resistance at 0.91973 poses another significant barrier to upward price movement, coinciding with key Fibonacci levels.
