USDCHF M5 - 27.03

USDCHF it is in a strong downtrend and as we can see the price got straight bellow 4/8 to 3/8 with a slight bounce that actually it does not gets way back to 4/8;
price keep on to move downwards piercing the level of 3/8 several times; This fact gives us the right to suppose that from here on the prime may tend to keep on dropping to 2/8 and maybe even further to 1/8 and 0/8 from where a more serious bounce may be expected or even reverse.