USDCHF reacted at an important key level and could save itself above the 61.8 fibonacci retracement.
But now the bears seem to be gaining the upper hand again.
I would therefore only take long positions above the 61.8 retracement after the breakout from the downward channel and a strong reaction at this level.
With a lot of imagination, a bullish rsi divergence can be seen.
Trade safe
Chart PatternsTechnical IndicatorsTechnical AnalysisTrend AnalysisUSDCHF

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