The price has been rising, however the RSI is above the 70 threshold, so this indicates that it is overbought. Price is at the top of the Bollinger band and this also indicates upcoming bearish momentum. we are looking for 50% Fibonacci retracement.

Target: 0.979
Entry: 1.00
S&L: 1.012
bollingersbandFibonacci RetracementForexHarmonic PatternsTechnical Indicatorsrsi_overboughtTrend AnalysisUSDCHFvf_investment

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