USDCHF: Overbought Time To Short
The price has reached an excellent resistance level which aligns with the 61.8% Fibonacci retracement
As you can see, the RSI and the Stochastic indicators are also in the overbought territory
I believe a rejection from this level could lower the price to the downside.
I'm bearishly biased.
As you can see, the RSI and the Stochastic indicators are also in the overbought territory
I believe a rejection from this level could lower the price to the downside.
I'm bearishly biased.
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