Weekly technical levels:
Observation(s):
If the trend is of an upside character, then the strength of the currency will be defined as follows: USD is an uptrend and CHF is a downtrend. Fibonacci retracement is used to determine accurate psychological levels of support and resistance. The period of time should be taken into account. Fibonacci is in a range trade; it looks like the trend is trapping and going up or down. If you sell or buy for a long term in this period, you will lose your profit. Stop loss should NEVER exceed your maximum exposure amounts.
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