VantageMarkets

USDCHF Potential for Bullish Momentum

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
On H4, prices have pulled back slightly but overall trend is moving in an ascending manner hence we are bullish bias- we're looking for a pull back buy entry at 0.9766 where the 38.2% retracement is to take profit at 0.9972 level where the previous swing high, 127.2% extension and 100% projection sits. Our stop loss is at 0.9690 where the overlap support sits

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