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

USD/CHF approaching support, potential bounce!

USD/CHF approaching support, potential bounce!

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
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