GBPCHF is approaching our first resistance at 1.3249 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.2888 (horizontal pullback support, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is approaching resistance where we might see a corresponding drop in price.
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