EURCHF approaching resistance, potential drop!

FX:EURCHF   Euro / Swiss Franc
EURCHF is approaching our first resistance at 1.1360 (38.2% Fibonacci retracement , 61.8%, 100% Fibonacci extension , horizontal overlap resistance) where a strong drop might occur pushing price down to our major support at 1.1332 (horizontal swing low support, 100% Fibonacci extension , 50% Fibonacci retracement ).
Stochastic (55,5,3) is also approaching resistance we might see a corresponding drop in price.
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This analysis is provided as general market commentary and does not constitute investment advice.
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