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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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USD/CHF has broken ascending trend line. Big drop coming!

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Onv1av7kj9W7qg33uNm1i6fCWZolk0E1CIe2hJrZ

Entry : 1.0123

Why it's good : Horizontal overlap resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension

Stop Loss : 1.0158

Why it's good : horizontal overlap resistance, 61.8% Fibonacci retracement

Take Profit : 1.0008

Why it's good : 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support

The material has been provided by InstaForex Company - www.instaforex.com