USD/CHF Price Forecast: Consolidates in bearish triangle, threatens breakdown
USD/CHF extends its losses for the second consecutive trading day, down 0.14%, yet it remains trading confined to the 0.7718-0.7757 range for the last three days. At the time of writing, exchanges hands at 0.7729 above the 20-day Simple Moving Average (SMA) at 0.7726.