USD/CHF Price Analysis: Bears eye 0.9180s for session ahead

• The bears are lurking at hourly resistance and hourly conditions are negative. 
• There is lower time frame support holding up the bears, but there are prospects of a test towards 0.9180. 

USD/CHF bears are stepping in at a 38.2% Fibonacci retracement of the prior hourly impulse to the downside. 

The following illustrates where an opportunity to short could arise so long as certain price action conditions are met. 

Hourly chart

Following a retracement to resistance, the hourly chart is bearish with momentum turning negative than the price below the 1-hour EMA.

15-min chart 

The current landscape, from a 15-min perspective, shows that the support needs to give before a higher conviction short to target the 0.9180s could be placed at an optimal entry point or a restest of the broken support area, 0.9195. 

A stop-loss above structure and within the prior highs, 0.9202, would protect the position until that point and the possibility of a continuation to the upside.