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Pullback Buy In The USD/CHF
U.S. Dollar / Swiss Franc
Pullback Buy In The USD/CHF
By TheTradingRoom
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Feb 11, 2022
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Cheer
Cheer
Feb 11, 2022
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
Chart Patterns
fiboancci
usd-chf
TheTradingRoom
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