FX.co ★ USDCHF, H4 | Potential bearish breakout after trend line break?

Price is testing a major support at 0.9283 which is a 50% Fibonacci retracement and an overlap support. If price were to break this level, we could see it drop to the major swing low support at 0.9080.

It is worth noting that price has already broken an ascending support-turned-resistance line suggesting that we could be seeing a change in momentum to bearish.