EUR/CHF Technical analysis

FX:EURCHF   Euro / Swiss Franc
The counter is in a strong bearish trend making lower highs and lower lows consistently.
The recent surge in the counter can be attributed to a bearish flag pattern.
Now, the counter is in a confluence of resistance points - flag and trendline resistance.
Also, the RSI indicator lurking below the overbought zone.
Hence, we expect the pair to move down from here.
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