USDCHF: Overbought Market & Pullback 🇺🇸🇨🇭

Short

Dollaro / Franco svizzero (OANDA:USDCHF)

OANDA:USDCHF Dollaro / Franco svizzero

Candlestick Analysis Multiple Time Frame Analysis Double Top or Bottom USDCHF DJ FXCM Index USD dollar Forex forexsignals tradingsignals forextrader Contains image

candlestick mtfa doubletoporbottom usdchf usdollar usd dollar forex forexsignals tradingsignals forextrader containsimage

snapshot

After an impulsive bullish movement,
USDCHF stopped, approaching a key daily horizontal resistance.

The price formed a double top formation on that on a 4H time frame
and violated its neckline during the NY session yesterday.

Looks like the pair became too overbought.
I expect a retracement to 0.8823

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