Usd/Chf seems to have a top in place for now
and is on its way down to retrace from recent highs
On the weekly chart we can see the first bearish candle appearing for a while
The RSI is turning down, although it is still high
MACD looks to be topping out too
Usd/Chf weekly chart
A natural retracement for a bullish pair like this will be the 38.2% fibonacci retracement level
of the last weekly move up - this lies just above 0.93
On the daily chart we can see how we might get there
MACD has turned…
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