U.S. Dollar / Swiss Franc
Long
Updated

USDCHF CUP AND HANDLE PATTERN

63
The cup and handle pattern is a bit sharpy, could not work but is a good opportunity. RSI normal, USD in currency strength index is oversold and CHF is on the middle. Stop 786 fibonacci, it has two targets, the first is 0.99, if the price can continue forward and validate the pattern it could reach the 1.055 level as a second target
Note
stop loss moved to breakeven

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