USD/CHF Analysis (September 2)

In our last analysis, we were expecting an extension of the decline towards 0,78 which has been reached today in a very high pace.
Considering the overall bearish trend and the latest price actions, we cannot consider any bullish strategy for the time being. We need to see how things develop in particular after the release of the US employment datas.
The daily studies are pointing to additional losses while the weekly chart suggests that a potential bounce might be starting soon.