USDCHF is approaching resistance where we might be seeing a drop below this level.
Entry: 0.9814
Why it's good : Horizontal swing high resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement
Stop Loss : 0.9854
Why it's good : Horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement
Take Profit : 0.9769
Why it's good: Horizontal pullback support
The material has been provided by InstaForex Company - www.instaforex.com