FBSAnalytics

USD/CHF long trade

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Trade idea: long
Target: 0.935


The price is testing the 0.924-0.926 resistance range. After the breakout, we will see a pump to 0.935 and 0.944 levels.

On the other hand, if buyers lose initiative and the price breaks through the blue support line, USDCHF might drop to the closest support level at 0.904.

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