FX.co ★ USD/CHF key support broken, time to start selling

The price has broken a major support level triggering a bearish drop. We prepare to sell below 0.9535 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down all the way to 0.9431 support (Fibonacci extension, horizontal swing low support).

RSI (34) has broken a key support-turned-resistance level at 42% triggering a drop from here.

Sell below 0.9535. Stop loss is at 0.9586. Take profit is at 0.9431.