Eyes last week's lows
The USDCHF is another pair where the dollar selling is on. The pair did move higher earlier in the day but found sellers on the test of the 100 hour MA. When that held, the sellers leaned and the buyers turned around. The price is down looking to test/crack the lows from last week. The low was at 0.98073.
Targets on a break would be the June low at 0.97878. The 100 day MA comes in at 0.97497. The 38.2% is at 0.97306. The price has not traded below the 100 day MA since April 17, 2018.
