FX.co - USD/CHF approaching resistance, potential drop!

2020-04-03T05:25:10

Relevance until2020-04-04

Trading Recommendation

Entry: 0.97458

Reason for Entry: Horizontal pullback resistance, 61.8% Fibonacci retracement

Take Profit : 0.94878

Reason for Take Profit: 61.8% Fibonacci retracement, horizontal swing low support, 61.8% fibonacci extension

Stop Loss: 0.98661

Reason for Stop loss: Horizontal swing high resistance, 88.6% 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 approaching resistance, potential drop!