USD/CHF is testing its support at 0.9901 (100% & 61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal overlap support, ascending channel support) where a bounce up to its resistance at 0.9977 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) is expected. Stochastic (55, 5, 3) is testing its support at 2.8% where a corresponding bounce is expected.
USD/CHF is testing its support where a bounce is expected.
Buy above 0.9901. Stop loss 0.9856. Take profit at 0.9977.
.
.
.
.
.
.
.
.
.
#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom #daytrader #scalper #swingtrader #fx #currency #pips #technicalanalysis #forexmarket
The material has been provided by InstaForex Company - www.instaforex.com