USDCHF has risen strongly, now testing major resistance!

USDCHF has risen strongly and is fast approaching major resistance at 0.9466 (Fibonacci extension, horizontal swing high resistance) and a strong reaction could occur at this level to drive price all the way down to 0.9405 support (Fibonacci retracement, horizontal pullback support) before 0.9324 support (Fibonacci retracement, horizontal swing low support).

Stochastic (34,5,3) is seeing major resistance at 96% where a corresponding reaction could occur.

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