#USDCHF: Bearish Setup
The market has been printing lower highs and lower lows making the price a Bearish market
As you can see, the price is making a pullback to the demand-turned-supply area
Which aligns with the falling resistance trendline and the 38.20% Fibonacci Retracement level
I believe a Bearish continuation would happen when the price reacts to the level
I'm Bearish Biased
As you can see, the price is making a pullback to the demand-turned-supply area
Which aligns with the falling resistance trendline and the 38.20% Fibonacci Retracement level
I believe a Bearish continuation would happen when the price reacts to the level
I'm Bearish Biased
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