FX.co - USD/CHF facing bearish pressure from resistance, potential for further drop!

2020-03-13T08:25:05

Relevance until2020-03-14

Trading Recommendation

Entry: 0.95458

Reason for Entry: Horizontal overlap resistance, 50% fibonacci retracement, 1.618 Fibonacci extension

Take Profit : 0.93288

Reason for Take Profit: Horizontal swing low support, 61.8% fibonacci retracement

Stop Loss: 0.96172

Reason for Stop loss: Horizontal pullback resistance, 61.8% fibonacci retracement

*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 facing bearish pressure from resistance, potential for further drop!