USD/CHF Struggles Around 0.8400 as Downside Risks Continue
The USD/CHF pair fails to capitalize on the previous day’s modest gains, encountering renewed selling pressure during the Asian session. As U.S. Dollar selling emerges, prices retreat below the 0.8400 mark. Although there is bearish action, the market seems to lack strong conviction for further downside movement. This scenario necessitates close monitoring of upcoming market indicators.