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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 approaching support, potential bounce!

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Trading Recommendation

Entry: 0.9850

Reason for Entry: 161% Fibonacci extension, horizontal swing low support

Take Profit : 0.9961

Reason for Take Profit: horizontal pullback resistance

61.8% Fibonacci retracement

61.8% Fibonacci extension

Stop Loss: 0.9800

Reason for Stop loss:

horizontal swing low support

61.8% Fibonacci retracement

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