USD/CHF Price Forecast: Slips below 0.8250 as bullish harami hits at rebound potential

  • The USD/CHF extended its losses for the second straight day, and it is down over 0.46%, trading at 0.8221. Although the pair is in a downtrend, failure to clear the previous support seen at 0.8204 it is forming a ‘bullish harami' two-candle chart pattern, suggesting that the major could test the May 2 high of 0.8317 key resistance level.