FOREXCOM:USDCHF   U.S. Dollar / Swiss Franc
After breaking above resistance on the daily chart , I expect the pair to test the area before upward continuation. On the 4hr chart, this area (i.e. previous daily resistance that should act as support when the market goes for a test) has several confluences that make it a meaningful area to place a pending order. Target has been taken from the 38.2% fib on the weekly chart.


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