USDCHF approaching resistance, potential drop!

29 ส.ค. 2018

USDCHF is approaching our first resistance at 0.9805 (horizontal pullback resistance, 23.6% Fibonacci retracement, 100%, 61.8% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.9692 (100% Fibonacci extension).
RSI (89) is seeing a bearish exit and might see a corresponding drop in price.
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