Downtrend in USD/CHF Extends

Trading in the pair is on the downside. Pivot points are at: (S1) 0.9422; (P) 0.9472; (R1) 0.9506.

The downtrend from 1.0342 can prolong to 161.8% projection of 1.0342 to 0.9860 from 1.0099 at 0.9319. Trading above minor resistance 0.9521 will become neutral.

Overcoming of resistance 0.9699 will widen long term range trading between 0.9443/1.0342. Focus in the pair stays at key support level 0.9443.