Sellers taking back control

FX:USDCHF   U.S. Dollar / Swiss Franc
34 0
Recent price action indicates sellers have rejected the buyers attempt to take back control with two recent bearish pin bars. Price has also retraced to important levels, previous support and resistance plus the 61 Fibonacci level. Volume is also declining which is an indication that the retrace might be running out of steam. I have a bearish outlook for the medium term.
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