USDCHF in a downtrend is recovering and has broken through the previous broken support area. This could be a fake breakout because the price is still stuck at the 0.61 fib level if retest and the price bounces up, then they will. We have a chance to open a long order. In case if the price breaks fib 0.5, the chance for us to open a short order.
Chart PatternspriceactionTrend AnalysisUSDCHF

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