USD/CHF approaching support, potential bounce!


Trading Recommendation

Entry: 0.9850

Reason for Entry: 161% Fibonacci extension, horizontal swing low support

Take Profit : 0.9926

Reason for Take Profit: horizontal pullback resistance

38.2% Fibonacci retracement

Stop Loss: 0.9800

Reason for Stop loss:

horizontal swing low support

61.8% Fibonacci retracement

The material has been provided by InstaForex Company –

Source:: USD/CHF approaching support, potential bounce!

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