Aussiematt

GBPCHF Double high at Big Round number with PA bar confirmation

Short
FX:GBPCHF   British Pound / Swiss Franc
Price has hit a double high at the significant 1.5 level, we have now formed a large bearish outside bar engulfing the prior 13 bars and closing below the 1.5 level. This is showing strong rejection above 1.5, provided the 1.5 holds now as resistance a short may see 1.49 reached as a first level of initial support.
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