USDCHF Buy the support.

Updated
USDCHF - Intraday - We look to Buy at 0.8961 (stop at 0.8942)

Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
We look to buy dips.
We are trading at oversold extremes.
Pivot support is at 0.8960.
Bespoke support is located at 0.8960.

Our profit targets will be 0.9018 and 0.9038

Resistance: 0.9000 / 0.9030 / 0.9050
Support: 0.8980 / 0.8960 / 0.8940
Order cancelled
Trade wasn't filled intraday.
chfForexforexanalysisforexsignalforexsignalsforextradingSupport and ResistanceUSDUSDCHFusdchflong

Also on:

Related publications

Disclaimer