Main Quotes Calendar Forum
flag

FX.co ★ USD/CHF profit target reached perfectly, prepare to buy

parent
Forex Analysis:::2017-09-11T04:13:36

USD/CHF profit target reached perfectly, prepare to buy

Price has dropped absolutely perfectly to our profit target. We prepare to buy above major support at 0.9431 (Fibonacci extension, horizontal swing low support, bullish price action) for a push up to at least 0.9528 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (34,3,1) is seeing major support above 3.46% and we expect a corresponding bounce above that level similar to the one we're expecting on price.

Buy above 0.9431. Stop loss at 0.9398. Take profit at 0.9528.

USD/CHF profit target reached perfectly, prepare to buy

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...