USD/CHF approaching resistance, potential drop!

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Price is approaching our first resistance level.

Entry : 1.0096

Why it's good : Horizontal swing high resistance, 38.2% Fibonacci retracement

Stop Loss : 1.0125

Why it's good : Horizontal swing high resistance, 50% Fibonacci retracement

Take Profit : 0.9973

Why it's good : 76.4% Fibonacci retracement, horizontal overlap support

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