USDCHF currency pair under bearish pressure today after the price broke through the support trendline of the daily up channel from the start of January. The breakout of this up channel follows the earlier downward reversal from the key resistance area lying at the intersection of the round resistance level 0.90000, upper daily Bollinger Band and the resistance trendline of the daily down channel from September. Given the clear daily downtrend – USDCHF currency pair is likely to fall further toward the next support level 0.88500 (which reversed the pervious minor correction (b) in the middle of January).