USDCHF approaching resistance, potential drop!
USDCHF is approaching our first resistance at 0.9955 (horizontal pullback resistance, 23.6% Fibonacci retracement) where price might potentially fall to our support at 0.9856 (horizontal pullback support, 23.6% Fibonacci retracement) which coincides with the short term ascending support line. RSI is also facing bearish pressure as it is approaching its resistance.
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