FX.co ★ USD/CHF testing major resistance, prepare to sell

The price rose strongly yesterday. We now prepare to sell below 0.9643 resistance (Multiple Fibonacci retracements, Fibonacci extension) for a drop to at least 0.9561 support (Fibonacci retracement, horizontal pullback support).

Stochastic (34,5,3) is seeing major resistance below 97% where we expect a strong reaction from.

Sell below 0.9643. Stop loss is at 0.9668. Take profit is at 0.9561.