U.S. Dollar / Swiss Franc
Short

USDCHF Reversed Off Resistance, Potential For Further Drop

2 194
USDCHF reversed off its resistance at 0.9848 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop further to its support at 0.9788 (50% Fibonacci retracement, horizontal overlap support).

Stochastic (89, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.

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