USDCHF is approaching our first resistance at 0.9920 (horizontal swing high resistance, 61.8%, 76.4% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.9803 (horizontal swing low support, 61.8%, 100% fibonacci extension).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
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