‘Double top’ completion signals beginning of next leg lower through .8528/.8456 to .8300.
Only back above .8809 would ease bearish risk. A recovery above .8844/87 resistance zone is required to see a better tone resurface, for a re-test of .9085.
Strategy: Sell a rebound to .8695 for .8310; exit at .8825.
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Credit Suisse
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