USDCHF is approaching our first support at 0.9923 (C) where a strong bounce might occur pushing price up to our major resistance at 0.9960 (horizontal overlap resistance, 23.6% Fibonacci retracement).
Stochastic (21,5,3) is also approaching support and we might see a corresponding bounce in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternschfForexforexsignalsforextradingHarmonic PatternsTrend AnalysisUSDUSDCHFusdchflongusdchfshort
Tickmill
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

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