USDCHF reversed off its resistance at 0.99945 where it could potentially drop further to 0.99524.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Price is approaching our first support (61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur to our first resistance level (23.6% Fibonacci retracement). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
