The USD/CHF broke the 0.8930 in the last few minutes following a 20-pip down movement from 0.8945 to break below the 0.8930 and to test daily lows around 0.8920.
Currently, USD/CHF is trading at 0.8925, down 0.12% on the day, having posted a daily high at 0.8947 and low at 0.8921. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
If the pair extends declines below 0.8920, it would face supports at 0.8910 and 0.8885. On the upside, resistances are seen at 0.8945, 0.8955 and 0.8975.