The USD/CHF has been trending lower on the M15 chart, with a clear downtrend evident from May 13th. The price action has shown a descending triangle formation, with the recent candles forming lower highs and lower lows. This indicates a strong bearish momentum, supported by the decreasing volume. The closing prices have been consistently below the opening prices, signaling a strong selling pressure. The RSI indicator is also in the oversold territory, indicating a potential buy signal in the near future. However, based on the current technical analysis, the bearish trend is expected to continue. The recent candlestick formation suggests…

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