Investroy

USD/CHF: the best area to go short from

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
As it can be noticed from the graph, the price is currently consolidating around the area of 0.918 previous support now turned resistance which perfectly lines up with 50% Fibonacci retracement level. We are expecting for the price to visit the same area of resistance and form a nice double top, before it can drop all the way down till the area of support illustrated on the chart

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