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During the past week, bears in the USD/CHF pair have already formed a descending 4-hour channel and are aiming to reach and break below the lower Bollinger Bands near the support at 0.8020. A breakthrough of this level could lead to further acceleration in the decline of USD/CHF quotes, but this has not happened yet and we are only heading in that direction. By the end of Friday's trading session, bulls managed to open their 4-hour candle, and the Stochastic indicator decreased to the lower boundary of its range. Consequently, this could once again result in a short-term weakening of the US dollar against the Swiss franc on Monday, with a rise towards the mid-80 figure and a test of the Bollinger Bands' median. However, such an increase will allow the pair to remain at the conditional upper boundary of the descending 4-hour channel that started on November 21 from the round level of 0.8100. Therefore, I expect further movement of the USD/CHF pair to the south, towards the mentioned support at 0.8020 and the lower Bollinger Bands, with the main goal being their breakthrough and subsequent test of the psychologically significant level of 0.8000.