USD/CHF key support broken, confirming strong reversal

The price has broken a key support level triggering a head and shoulders reversal. We look to sell below 0.9925 resistance (Fibonacci retracement, pullback resistance) for a strong push down to at least 0.9826 support (head and shoulders exit potential, pullback support, Fibonacci extension).

RSI (89) is under a lot of pressure.

Sell below 0.9925. Stop loss is at 0.9991. Take profit is at 0.9826.


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