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CAD/CHF approaching resistance, potential drop!

analytics5eb4c56c35caf.jpg

Trading Recommendation

Entry: 0.69861

Reason for Entry: horizontal swing high resistance, 78.6% fibonacci retracement, and 78.6% fibonacci extension

Take Profit : 0.68783

Reason for Take Profit: horizontal swing low support, 61.8% fibonacci retracement

Stop Loss: 0.70223

Reason for Stop loss: 100% fibonacci extension

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