FX.co ★ USD/CHF profit target reached, prepare to turn bearish

We have seen price bounce perfectly towards our profit target. We prepare to turn bearish below 1.0037 resistance (Fibonacci retracement, Fibonacci projection, descending resistance) for a drop to at least 0.9960 support (Fibonacci projection, recent swing low support).

Stochastic (21,5,3) is seeing strong resistance below the 91% level.

Sell below 1.0037. Stop loss at 1.0096. Take profit at 0.9960.