FX.co ★ USD/CHF profit target reached, time to turn bullish

Price dropped perfectly from our selling area and has reached our profit target. We turn bullish above 1.0000 support (Fibonacci projection, big figure, recent swing low) for a push up to 1.0077 (Fibonacci retracement, Fibonacci projection, descending resistance).

Stochastic (21,5,3) is seeing strong support above the 5% level.

Buy above 1.0000. Stop loss at 0.9959. Take profit at 1.0077.