USD/CHF Price Forecast: Slips below 0.7950, nine-day EMA

USD/CHF depreciates nearly 0.5%, trading around 0.7930 during the European hours on Monday. The technical analysis of the daily chart indicates the pair is remaining within the ascending channel pattern, signaling an ongoing bullish bias.
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Eurozone Trade Balance n.s.a. came in at €-1B below forecasts (€7.8B) in April

Eurozone Trade Balance n.s.a. came in at €-1B below forecasts (€7.8B) in April
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