Potential Double Top @ Golden Ratio On USDCHF

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Before the New Year, price on USDCHF may have formed a strong reversal at a very vital level!

Since the Low @ .78612, price has made a retracement to the High @ .79875 and seems to have found some resistance at the Golden Ratio Level, 61.8% @ .79393.

In prices second attempt to break this level, we see it is again rejected down before markets closed for New Years.

If price breaks back below the 50% level @ .794244 where the Low of the Double Top sits, this will confirm the reversal pattern and generate Short Opportunities!

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