Euro / Franco svizzero
Short

EURCHF approaching resistance, potential drop!

152
EURCHF is approaching our first resistance at 1.1454 (horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1369 (horizontal swing low support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price should it react off this level.
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