USDCHF - Possible setup.
USDCHF faced resistance at the 78.6% Fibonacci level, signaling a potential establishment of a new lower high on the daily timeframe. Consider initiating a short sell position if the price falls below 0.86470, setting a stop loss at 0.8732. Target profit levels are set at 0.85580 (TP1) and 0.83975 (TP2).
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