Title
USDCHF H1 | Bearish Continuation expected

Type
Bearish Drop

Preference:
Price is currently at the pivot point of 0.8803, an overlap resistance level. A reverse from this level could lead the price to fall to 1st support at 0.8751.

Alternative scenario:
If  price breaks above the pivot, it could rise to 1st resistance at 0.8845, a pullback resistance It’s worth noting that price is within the bearish channel line, indicating a bearish continuation towards the 1st support level.

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