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FX.co ★ USD/CHF approaching resistance, potential drop!

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Forex Analysis:::2019-07-01T06:15:04

USD/CHF approaching resistance, potential drop!

USD/CHF approaching resistance, potential drop!

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

USD/CHF approaching resistance, potential drop!

Analyst InstaForex
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