USDCHF is approaching our first support at 0.9817 where we might be seeing a bounce above this level.
Why it's good : Horizontal overlap support, 38.2% Fibonacci retracement, 100% Fibonacci extension
Stop Loss : 0.9764
Why it's good : 61.8% Fibonacci retracement
Take Profit : 0.9904
Why it's good: horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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