Pivot: 24.50
Our preference: SHORT positions below 24.5 with 23.35 & 23.05 in sight.
Alternative scenario: The upside penetration of 24.5 will call for a rebound towards 24.7 & 25.1.
Comment: the break below the rising trend line is a negative signal. In addition, the RSI is bearish and calls for further decline.
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USDCHF Technical Analysis - Sell at 0.9955
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