USDCHF is approaching our first support at 0.9888 (horizontal pullback support, 50%, 61.8% Fibonacci retracement) and price might rise to our major resistance at 0.9949 (horizontal pullback resistance, 61.8% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support and a bounce off this level might see a corresponding rise in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternschfForexforexsignalsforextradingHarmonic PatternsTrend AnalysisUSDUSDCHFusdchflongusdchfshort

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