USDCHF: Bearish Outlook

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snapshot

I was asked a lot about USDCHF today.

On 4H chart we have a descending triangle formation,
the market has just reached a resistance line of a triangle
and we see dodji formation and multiple rejections + overbought rsi.

In my view, bets are high that we will see a retracement from the current level.

Targets will be 0.99 and 0.996

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