On the H1 chart for USD/CHF, the price has been consolidating near a critical resistance level formed at 0.8085, which coincides with the recent high. The last few candles show a series of lower closes and higher lows, indicating a potential bearish reversal after a prior bullish rally. The entry at 0.80638 aligns with a key support level that has acted as a psychological barrier, with price failing to sustain above it despite increased volume. The volume spike on the preceding candle (0.80674 close) suggests a strong rejection of higher prices, reinforcing the bearish bias. Current price action is testing…

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