USD/CHF
1H
As we can see an ascending channel has been revealed, usdchf demands a strong impulse down to confirm ascending channel breakout.
An ascending channel can be thought of as a technical bearish price action formation that typically signals a bearish price move in case if price breaks out to the the downside.
Usdchf could attempt a move to the 0.796 mark once below 0.7968 as bears looking for profit.