USDCHF-Technical analysis
USDCHF got some minor rejection around 0.91000 key psychological level and bounced towards 0.91500 which is a .50 Fibonacci retracement level and at this supply zone
the price was consolidated and then felled towards 0.91150 price action level which is acting as decent support coordinates with .382 Fibonacci level. The price will
bounce from this level and the swing target would be 0.92000 which is a key psychological level
SWING TRADE-USDCHF
Entry point @ 0.91200
Take profit @ 0.92000
Stop lose @ 0.90750
80 Pips target R:R 1:2
Don't risk more than 1% of your capital
USDCHF got some minor rejection around 0.91000 key psychological level and bounced towards 0.91500 which is a .50 Fibonacci retracement level and at this supply zone
the price was consolidated and then felled towards 0.91150 price action level which is acting as decent support coordinates with .382 Fibonacci level. The price will
bounce from this level and the swing target would be 0.92000 which is a key psychological level
SWING TRADE-USDCHF
Entry point @ 0.91200
Take profit @ 0.92000
Stop lose @ 0.90750
80 Pips target R:R 1:2
Don't risk more than 1% of your capital
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.