Technical analysis of USD/CHF

The USD/CHF prices have clearly declined on the hourly timeframe. The prices have broken below the lower boundary levels of the ascending channel and closed below it. If the price remains below these levels around 0.9065 and stays below them, there will be a strong opportunity to sell with initial targets reaching 0.9000. However, if the price rises and breaks above these levels, an upward movement is more likely.