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USDCHF SWING TRADE 14-OCT-2020

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF-Technical analysis
USDCHF got some minor rejection around 0.91000 key psychological level and bounced towards 0.91500 which is a .50 Fibonacci retracement level and at this supply zone
the price was consolidated and then felled towards 0.91150 price action level which is acting as decent support coordinates with .382 Fibonacci level. The price will
bounce from this level and the swing target would be 0.92000 which is a key psychological level

SWING TRADE-USDCHF

Entry point @ 0.91200
Take profit @ 0.92000
Stop lose @ 0.90750

80 Pips target R:R 1:2

Don't risk more than 1% of your capital

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