FX.co ★ USD/CHF profit target reached perfectly, time to start buying

Price has dropped perfectly and reached our profit target. We prepare to buy above 0.9959 support (Fibonacci retracement, horizontal overlap support, bullish divergence) for a push up to 1.0012 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (55,5,3) is seeing strong support above the 2.5% level and also displays bullish divergence vs price signalling that a bullish reversal is impending.

Buy above 0.9959. Stop loss at 0.9925. Take profit at 1.0012.