USDCHF testing major resistance, potential for a strong reaction

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USDCHF is testing major resistance at 1.0040 (Fibonacci extension, Fibonacci retracement, major swing high resistance) and a strong reaction could occur at this level to push prices all the way down to first major support at 0.9731 (Fibonacci retracement, horizontal overlap support).
Stochastic (89,5,3) is seeing major resistance at 97% where a corresponding reaction could occur.

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