USDCHF approaching resistance, potential drop!

٣ يوليو ٢٠١٨

USDCHF is approaching our first resistance at 0.9991 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 0.9892 (horizontal swing low support, 100% Fibonacci extension, 76.4% Fibonacci retracement).
RSI (34) is approaching resistance we might see a corresponding drop in price.
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