USDCHF appraoching resistance, potential drop!
Price is approaching our first resistance 0.9956 (horizontal pullback resistance, 23.6% &38.2 Fibonacci retracement) where a strong drop to our major support 0.9859(horizontal swing low support) might occur. Stochastic is also approaching resistance where we might see a drop.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Come join us today at : easymarkets.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.