USDCHF DOWN

Bias Bearish
Fundamental
CHF is holding with strength. USD is weakening with data.

Price Action
Price rejection from H4 SR level. Price formed a Head & Shoulder pattern and broke below H1 SR level (neckline) and Price also broke bullish Trendline. Price done a market structure shift towards downside. Bearish momentum is expected to continue

Confluence
H1 SR level, H1 bullish TL, H4 SR level

Chart PatternsFundamental AnalysisTrend Analysis

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