USDCHF is facing bullish pressure from its first support at 0.8976, in line with the horizontal pullback, where we could see a further bounce above this level towards 1st resistance where 61.8% fib retracement is. EMA is also suggesting that price could on support.
Trading Recommendation
Entry: 0.8976
Reason for Entry:
horizontal pullback support
Take Profit: 0.9042
Reason for Take Profit:
Horizontal swing high
Stop Loss: 0.8920
Reason for Stop Loss:
Horizontal overlap support
