USDCHF Long setup

FX:USDCHF   U.S. Dollar / Swiss Franc
19 0 1
  • Price broke through descending trend-line
  • Price currently at resistance which is also the 127.2% D extension
  • Waiting for price to retest broken trend-line
  • Price likely to retrace to the highlighted demand zone which is,
  • The area between 50%-61.8% zone
  • Stochs looking overbought on the daily
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