USD/CHF Analysis (August 9)

The pair continues to establish new record lows week after week with now a break below 0,75 during the asian session.
We didn’t see a sharp decline on the USD/CHF as expected, the US Dollar being resilient, but the market continues to smoothly slide and the bearish trend is certainly not in question.
There is no recommmendation at current price level but we still consider that buying such a bearish market is not advisable.