The USDCHF M5 price action has been trending lower since the midpoint of the candle window, with a clear rejection of the 0.78458 resistance level. The subsequent decline has been accompanied by decreasing momentum, as evident from the lower highs and lower lows. Volume has been relatively low, indicating a lack of conviction in the move. The recent push above the 0.78972 support level has been met with weak buying interest, suggesting a potential continuation of the downtrend. In this context, the sell signal appears justified, with the entry point near the 0.79185 level offering a favorable risk-reward ratio. The…

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