The price has found strong resistance and now drops again on the short term. Has show an overbought in the previous days after the failure to close above the median line (ml) of the minor ascending pitchfork and after the failure to close near this dynamic resistance. The yesterday’s false breakout above the upper median line (uml) of the descending pitchfork signaled another leg lower. Price developed a minor Rising Wedge pattern, a valid breakdown from it will confirm a drop towards the 0.9634. USD/CHF could be attracted by the lower median line (lml) of the ascending pitchfork.
