FX.co ★ USD/CHF dropping perfectly, remain bearish

Price has now broken through our selling area as expected and is on track to our profit target. We remain bearish below 1.0068 resistance (Fibonacci retracement, horizontal overlap resistance) for a further push down to 0.9973 support (Fibonacci retracement, horizontal overlap support).

Stochastic (34,5,3) has made a bearish exit signalling of the drop we expected.

Sell below 1.0068. Stop loss at 1.0114. Take profit at 0.9973.