#AAresearchFX $USDCHF Downtrend Price Range Target At 0.9700..

TECHNICAL ANALYSIS:


Long term trend indicators signal a bearish bias after Fed rate cut.

At second point (X), a USDCHF downtrend highs/lows wave is well expected as price action is subjected to market sentiment per time.

USDCHF bearish bias price action is expected to approach the 0.9700-0.9600 price range at point (Z), assuming downtrend indicators holds.