The pair extended last week’s rejection slide from the 1.0100 handle and dropped to fresh one-week lows in the last hour amid a follow-through USD retracement.Technical indicators on hourly charts have been gaining negative momentum and suggest a further decline to over one-month-old ascending trend-channel support. Currently, USDCHF breaking the trendline and sliding through the Feburary 7 high , it is expected for further downside movement.It might also rally for the retestment of the trendline. Another Technical influences in 4 hour chart, is the head and shoulder pattern which is broken and half way through its target.

USDCHF TODAY:
Daily open: 1.00489
Daily Last high: 1.00549
Daily Last Low: 1.00240
Daily current growth: -0.16%