12Trend is bearish in USD/CHF currency pair in four hours time frame. Key resistance level could be see around 0.9795 price level. Based on Elliott wave analysis, price is most likely going to drop in coming next 48 hours time. So, a good idea is to only look for sell trades. In case price breaks above 0.9795 resistance level then I am going to stop trading and re-analyze the price action of USD/CHF currency pair.

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