UCDCHF: Short opportunity

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Daily chart a double top formation about to complete.Good rr ratio to short.Rsi also indicate a overbought signal.Besides, both 1.27 extension complete and 1.200 level indicates a strong bearish signal to sell.

Compared to yen, the swiss rallied longer time whiled also accumulates higher correction risk,which means larger downside space.

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Nota
TP1 hit

In the long run, chf still in the depreciation period
Trend Analysis

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