USDCHF H4 | Falling to support level?

The USD/CHF chart currently has bearish momentum, aiming for the 1st support at 0.9104, supported by the 38.20% Fibonacci Retracement. The 2nd support at 0.8987, coinciding with the 78.60% Fibonacci Retracement, provides additional price support. On the resistance side, the 1st resistance at 0.9211 and 2nd resistance at 0.9326 may limit upward moves.

Analysis are provided by InstaForex

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