USD/CHF approaching support, potential bounce!

Trading Recommendation

Entry: 0.95449

Reason for Entry: Horizontal pullback support, 23.6% fibonacci retracement, 161.8% Fibonacci extension breakout level

Take Profit : 0.96920

Reason for Take Profit: Horizontal swing high resistance, 76.4% fibonacci retracement

Stop Loss: 0.94921

Reason for Stop loss: Horizontal pullback support