It was an epic CPI Thursday on the markets and now we’re in rebound mode. For the USD/CHF, rates are back in range of a key support level:
Daily 62% Retracement, 0.9222
If we see the Swissy test the 0.9225 area, be on the lookout for a bullish bounce. Here's the trade:
1) Buy 0.9227
2) Stop loss at 0.9212
3) 1:1 risk vs reward, 15/15 pips
Daily 62% Retracement, 0.9222
If we see the Swissy test the 0.9225 area, be on the lookout for a bullish bounce. Here's the trade:
1) Buy 0.9227
2) Stop loss at 0.9212
3) 1:1 risk vs reward, 15/15 pips
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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.
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.