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USDCHF - Approaching the 78.6% Fibonacci retracement level

Short
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Signal_Centre  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators dollar swissfranc chf USD USDCHF
2
0
trendanalysis chartpattern indicator dollar swissfranc chf usd usdchf
Trade Idea
4 positive daily performances in succession.
The rally is close to an exhaustion count on the intraday chart.
Trading within a Bullish Channel formation.
Trend line resistance is located at 0.9906.
We have a 78.6% Fibonacci pullback level of 0.9904 from 0.9971 to 0.9660.
Bespoke resistance is located at 0.9906.

We look to Sell at 0.9906
Stop: 0.9936
Target 1: 0.9835
Target 2: 0.9770
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