FX.co - USD/CHF approaching support, potential bounce!

2020-02-04T10:21:20

Relevance until2020-02-05

Trading Recommendation

Entry: 0.9689

Reason for Entry: 50% Fibo retracement, 38.2% Fibo retracement, horizontal pullback resistance

Take Profit : 0.9629.

Reason for Take Profit: Horizontal swing low support

Stop Loss: 0.9721

Reason for Stop loss: Horizontal swing high resistance

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ USD/CHF approaching support, potential bounce!