The greenback remains weaker than the swissy in the intraday trading and further decline could be reasonably expected amid valid falling line sets an extra weight on prices. However the currency pairís intraday downside bias could be weak at the moment due to lower Bollinger band barrier coupled by oversold Stochastic. The latter, put bears in a reluctant view for new short positioning.

More: Forex Technical Analysis US DOLLAR / SWISS FRANK 2013-07-26 | IFC Markets