The USDCHF 4H chart has broken below a corrective ascending channel, confirming bearish continuation after a completed ABC retracement. This technical setup favors further downside as momentum shifts back in line with the dominant downtrend. Fundamentally, safe-haven flows into the Swiss franc remain strong amid global uncertainty, while the U.S. dollar faces pressure from weaker data and growing speculation of monetary easing. This confluence supports a short bias on USDCHF with expectations of continued bearish movement.