USD/CHF approaching resistance, potential drop!

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Trading Recommendation

Entry: 0.97458

Reason for Entry: Horizontal pullback resistance, 61.8% Fibonacci retracement

Take Profit : 0.94878

Reason for Take Profit: 61.8% Fibonacci retracement, horizontal swing low support, 61.8% fibonacci extension

Stop Loss: 0.98661

Reason for Stop loss: Horizontal swing high resistance, 88.6% fibonacci retracement

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