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FX.co ★ USD/CHF profit target reached perfectly, remain bullish for a further rise

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Forex Analysis:::2017-09-21T01:32:15

USD/CHF profit target reached perfectly, remain bullish for a further rise

Price has shot up and reached our profit target perfectly. We remain bullish looking to buy on dips above 0.9676 support (Fibonacci retracement, horizontal pullback support) for a further push up to 0.9757 resistance (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance).

RSI (34) has made a bullish exit of our triangle formation and remains in a bullish configuration.

Buy above 0.9676. Stop loss at 0.9640. Take profit at 0.9757.

USD/CHF profit target reached perfectly, remain bullish for a further rise

Analyst InstaForex
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