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USDCHF potential bearish drop

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
vf_investment  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Technical Indicators USDCHF Forex Fibonacci Retracement rsi_overbought bollingersband vf_investment
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trendanalysis harmonicpatterns indicator usdchf forex fibonacciretracement rsi_overbought bollingersband vf_investment
The price has been rising, however the RSI is above the 70 threshold, so this indicates that it is overbought. Price is at the top of the Bollinger band and this also indicates upcoming bearish momentum. we are looking for 50% Fibonacci retracement.

Target: 0.979
Entry: 1.00
S&L: 1.012
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