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

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Forex Analysis:::2019-07-02T04:42:51

USD/CHF approaching resistance, potential reversal!

USD/CHF approaching resistance, potential reversal!

USDCHF is approaching resistance where we might be seeing a drop below this level.

Entry: 0.9904

Why it's good : Horizontal pullback resistance, 61.8% Fibonacci extension, 61.8%, 38.2% Fibonacci retracement

Stop Loss : 0.9955

Why it's good : Horizontal pullback resistance, 78.6% Fibonacci retracement

Take Profit : 0.9817

Why it's good: Horizontal overlap support

USD/CHF approaching resistance, potential reversal!

Analyst InstaForex
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