FX.co ★ USD/CHF: profit target reached perfectly, prepare to turn bearish

The price shot up and reached our profit target perfectly. We now prepare to turn bearish below 1.0030 resistance (Fibonacci retracement, horizontal overlap resistance, and Fibonacci extension) for a push down to 0.9961 support (Fibonacci retracement, recent swing low support, and horizontal overlap support).

RSI (34) is approaching the major resistance at 69%.

Sell below 1.0030. Stop loss is at 1.0071. Take profit is at 0.9961.