USD/CHF short-term rising trendline broken - MIG Bank

From migbank.com

USD/CHF broke its short-term support area given by the rising trendline and 0.9327 (29/10/2012 low) yesterday. The hourly doubletop calls for further weakness. Monitor the test of the short-term support at 0.9291. Another support is at 0.9249 (22/10/2012 low). The break of prior support at 0.9423 (18/06/2012 low) opens the way for a mediumterm move towards the next horizontal support at 0.9043 (01/05/2012 low). A break of the resistance at 0.9438 (01/10/2012 high) is needed to negate this bearish bias.