FX.co ★ USD/CHF dropping nicely toward the profit target, remain bearish

Price has been dropping nicely toward our profit target. We remain bearish below 1.0268 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to 1.0200 resistance (Fibonacci projection, Fibonacci retracement, horizontal overlap support).

Stochastic (21,5,3) is seeing descending resistance pushing price down.

Sell below 1.0268. Stop loss at 1.0296. Take profit at 1.0200.