FXStreet reports that economists at Credit Suisse discuss USD/CHF prospects.

“We look for a turn back lower from 0.9083. Going forwards, a sustained move back below 0.9030 would confirm a near-term peak. Thereafter, the next levels are seen at 0.9000/8985, which stalled the market on Monday, then 0.8922/10, before 0.8871/62, which is an important price low. With weekly MACD crossing back below MACDA, we would not even rule out a test of the 2021 low at 0.8757.” 

“Resistance stays at the 200-day average at 0.9083/9115, which should now ideally cap to keep the risks directly lower.”