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

USD/CHF approaching support, potential bounce!

USD/CHF approaching support, potential bounce!

Trading Recommendation

Entry: 0.9739

Reason for Entry: 78.6% Fibo extension

Take Profit : 0.98126

Reason for Take Profit: Horizontal overlap resistance

Stop Loss:0.97133

Reason for Stop loss: Horizontal pullback support, 61.8% Fibo retracement,100% Fibo extension

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