USD/CHF on a nice support, time to start buying




The price is just above a major support to 0.9937 (Fibonacci retracement, horizontal drop support, Fibonacci extension) and we are looking to buy above this level for a push up to at least 1.0033 resistance (Fibonacci extension, horizontal swing high resistance).

Stochastic (23,3,1), it is to see a strong support to the above of 1.9%, where we expect a corresponding rebound.

Buy above 0.9937. Stop loss is to 0.9872. Take profit is at 1.0033.



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