usdchf updateUS Dollar vs. Swiss FrancFX:USDCHFMtICHIthe bearish argument for USD/CHF rests on the idea that the recent rally is overextended and vulnerable: Technical Exhaustion: The high RSI and low ADX suggest the uptrend lacks strong conviction and is due for a pullback. Fragile Fundamentals: The Franc's role as a carry funding currency can reverse violently in a risk-off scenario, and the SNB is prepared to intervene to stop excessive weakness. Priced-In Optimism: The market has fully absorbed the hawkish Fed narrative, making the Dollar susceptible to any shift in data or rhetoric. A break below the key support at 0.8185 would be the first significant technical signal that this bearish scenario is playing out, potentially opening the door for a deeper decline.