The US dollar has been weakening against the Swiss franc (CHF) for two weeks. On the way, the support from the daily chart at 1,0040 and the parity on this pair were broken. At the end of last week there was an upward correction, which however stopped on the Kijun line, and the reflection from it signals further decreases.


Although the signal candle appeared already on Friday, there is still no stronger downward reversal, you can still join the declines. Perhaps it is worth waiting for another test of the Kijun line. If the bears regain their strength, the USDCHF may dive into the area of daily support at 0.9800. There are about 140 pips to grab.

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