RLinda

USDCHF ! There is no buyer in the market. Keep on falling

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF after a strong fall from the resistance level of 1.00500 stops after a false breakdown of the upper border of the range and begins to consolidate at the level of 0.96752. After a strong fall in the market, there is practically no price rollback, which implies strong selling pressure.

I assume that the price will fix under the resistance zone (under the level of 0.9675) with a subsequent fall along the trend. The short-term target for USDCHF is the liquidity zone beyond the support level of 0.9565

Sincerely, R. Linda!

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