USDCHF approaching resistance, potential drop!

Price is approaching our first resistance (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop to our major support (horizontal swing low support,61.8% Fibonacci extension) might occur. Stochastic is also approaching resistance where we might see a drop.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.