USD/CHF trades with negative bias around 0.8400, downside potential seems limited

  • The USD/CHF pair struggles to capitalize on the previous day's modest gains and meets with a fresh supply during the Asian session on Thursday. The intraday downtick is sponsored by the emergence of some US Dollar (USD) selling and drags spot prices back below the 0.8400 mark in the last hour, though it lacks bearish conviction.