USDCHF had currently broke through it's resistance and we would not choose to enter the market at such a high price. As a smart trader we should wait for the price to have a small pullback but alot of trader would enter at a much higher price because their indicators told them to do so and this one of the way that bank or big institutions manipulate the market . As shown in the chart we have a good fibo level of 50% and is a good area to enter .

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Beyond Technical AnalysisForexpullbacktradeTrend AnalysisUSDUSDCHF

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