By ForexMansion.com

 

The USD/CHF printed a bearish shooting star today, right at the 0.92 resistance level. This signals a very likely move down in this pair as the overall trend lines up with this outlook as well. The pair could see as low as 0.88, and buying it is very highly discouraged at this point. A break above 0.93 needs to be seen before a long can even remotely be considered.

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Originally posted here