USDCHF approaching resistance, potential drop!

FX:USDCHF   U.S. Dollar / Swiss Franc
Price is approaching our first resistance (horizontal overlap resistance, 38.2% Fibonacci retracement ) where we might see a drop in price to our major support (Horizontal swing low support).
Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

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