USDCHF Retracement
Updated
0.98856 (S1)is a key support level for the pair.
The pair is showing a bullish bias as the EMA,200 is above the EMA,50 on the 1H chart, however retrace is expected as the pair is overbought.
In Conclusion,
Entry Position : 0.99533
S/L: 0.99712
T/P 1: 0.99169
T/P 2: 0.98856
The pair is showing a bullish bias as the EMA,200 is above the EMA,50 on the 1H chart, however retrace is expected as the pair is overbought.
In Conclusion,
Entry Position : 0.99533
S/L: 0.99712
T/P 1: 0.99169
T/P 2: 0.98856
Trade closed: target reached
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