GBPCHF Setup for the LONG side
Currently @113.14, the CHFJPY is getting close to a potential bounce.
The pair is inside a BIG BOX, going from Top to Bottom .... if we bounce, we will be stopping at a potential PSR (Past Support/Resistance level, for more info on this, visit forextradingzones.com). The past support @113.50 and 113.60 are our potential targets.
IMPORTANT DISCLAIMER:
These comments are for information purposes only. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade without proper research on the asset. This is an opinion ONLY – and not a trade call, but this analysis may lead you to a trade. The information contained on this document does not constitute a solicitation to buy or sell an asset by FOREXTRADINGZONES.COM.
DO NOT TRADE WITHOUT STOPS
The pair is inside a BIG BOX, going from Top to Bottom .... if we bounce, we will be stopping at a potential PSR (Past Support/Resistance level, for more info on this, visit forextradingzones.com). The past support @113.50 and 113.60 are our potential targets.
IMPORTANT DISCLAIMER:
These comments are for information purposes only. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors. Do not trade without proper research on the asset. This is an opinion ONLY – and not a trade call, but this analysis may lead you to a trade. The information contained on this document does not constitute a solicitation to buy or sell an asset by FOREXTRADINGZONES.COM.
DO NOT TRADE WITHOUT STOPS
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