USDCHF continues to face risk of further move lower as it retains its broader downside pressure.

Support comes in at the 0.9050 level. Below here, support lies at the 0.9000 level and then the 0.8950 level. Further down, support comes in at the 0.8900 level.

Its daily RSI is bearish and pointing lower suggesting further weakness.

n the upside, resistance is located at the 0.9150 level with a turn above here opening the door for a move towards the 0.9200 level. And then the 0.9250 level. Further down, support comes in at the 0.9300 level.

All in all, USDCHF remains biased to the downside in the medium term.