cashcowaj

USDCHF POTENTIAL LONG SETUP

Long
FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
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On the daily we are making consistent higher lows as price previously broke the strong descending TL and resistance level in style in which it retraced to be rejected at support around the 0.95 area suggesting bullish intentions.
Our 1st target is at the 0.98 level however we will like to see the pair reach the 1.0000 level which is not only a psychological level but also an area of major resistance.