As the MACD is curving Down on Chart, the USDCHF market is showing a bear downturn and potential for a selling wave to 0.9145 as well as potential to 0.9117. A drop through 0.9062 will foster continuation selloffs today. Any congestion under yesterday’s range high will keep the market setup in a bear flag.

R2          0.9231
R1          0.9206

 
S1          0.9170
S2          0.9145