📉 USDCHF Price Forecast 📉 USDCHF USDCHF has reached the top of the uptrend and formed a Head and Shoulders pattern, a classic reversal signal. The neckline of this pattern has been broken, and now the pair is heading towards a breakdown of the 200 EMA, supported by a strong bearish candle.
This confirms a shift in momentum to the downside, presenting an excellent opportunity for sell trades.
🎯 Technical Target Levels: 0.8760, 0.8710, 0.8660, 0.8530, and 0.8410.
📌 Key Highlights: - Reversal pattern (Head and Shoulders) confirmed. - Neckline and 200 EMA breakdown in progress. -Strong bearish signals point to further downside. ✅ Stay updated!
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