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USDCHF approaching resistance, potential drop!

Short
Dollaro / Franco svizzero (FX:USDCHF)  
easyMarkets Broker  
FX:USDCHF   Dollaro / Franco svizzero
Trend Analysis Harmonic Patterns Chart Patterns USDCHF USD chf usdchflong usdchfshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern usdchf usd chf usdchflong usdchfshort forex forextrading forexsignals
USDCHF is approaching our first resistance at 1.0096 (horizontal swing high resistance, 78.6% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level pushing price down to our major support at 0.9892 (horizontal pullback support, 23.6% Fibonacci retracement).
Stochastic (89,5,3) is also approaching our resistance and a reaction off this level might see a corresponding drop in price.
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