The USDCHF is stretching to new lows going all the way back to September 2011. In doing so the price is moving below the swing low from January 2015 at 0.8346 and more recently the low from December 2022 at 0.83318. The low price just stretched to 0.8326. The price is not running but the break is real. Sellers are winning. Buyer HAVE to make a stop here. Otherwise the door open for more downside probing.

Sellers looking for more downside, can now use the 0.83735 to 0.84087 as a resistance level to stay below to keep the sellers in firm control. Failure to hold that area (move above), and there could be some disappointment on the failed break multi decade break lower.