On the H1 chart for USD/CHF, the recent price action shows a bullish trend characterized by higher highs and higher lows, with key resistance forming near 0.80835. The last candle closed at 0.80638, marking a consolidation phase after a strong upward move. Volume has been moderate throughout, but the recent decline from the multi-hour high suggests weakening momentum. The close below the prior high and the formation of a bearish pattern (e.g., inside bar or flag) indicate a potential reversal. The current setup favors a sell entry as price appears to retrace toward key support levels, with the 0.80638 close…

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