USDCHF currency pair recently broke the support area located between the key support level 0.91800 (which reversed the pair sharply earlier this month) and the 61.8% Fibonacci correction of the previous upward impulse wave 1 from the start of January. The breakout of this support area accelerated the active short-term ABC correction 2 from the end of Januarys. Given the strongly bullish Swiss franc sentiment seen across the currency markets today, USDCHF currency pair can be expected to fall further toward the next support level 0.90900 (low of wave (2) from the middle of January).