EURCHF Short Term Sell Setup

The pair turned down sharply honoring resistance of 1.1833 and managed to break below 1.1610 thereby shifting the sentiments to negative. Going ahead, prices are likely to extend further lower towards 1.14 ahead of any significant recovery in coming week.
Although I was expecting the pair to reach 1.1920 before turning down.
Chart PatternsTrend Analysis

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