Main Quotes Calendar Forum
flag

FX.co ★ USD/CHF on nice support, time to start buying

parent
Forex Analysis:::2017-10-31T01:41:32

USD/CHF on nice support, time to start buying

The price is right above major support at 0.9937 (Fibonacci retracement, horizontal pullback support, Fibonacci extension) and we look to buy above this level for a push up to at least 1.0033 resistance (Fibonacci extension, horizontal swing high resistance).

Stochastic (23,3,1) is seeing strong support above 1.9% where we expect a corresponding bounce from.

Buy above 0.9937. Stop loss is at 0.9872. Take profit is at 1.0033.

USD/CHF on nice support, time to start buying

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...