FX.co - USD/CHF approaching support, potential bounce!

11 December 2019 at 6:09AM (UTC+0)

Relevance until12 December 2019 at 6:09AM (UTC+0)

Trading Recommendation

Entry: 0.9815

Reason for Entry: 61.8% Fibonacci extension

Take Profit : 0.9918

Reason for Take Profit: horizontal pullback resistance

38.2% Fibonacci retracement

Stop Loss: 0.9733

Reason for Stop loss:

horizontal swing low support

78.6% 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 support, potential bounce!