FX:USDCHF   U.S. Dollar / Swiss Franc
Price is overall bullish on this pair. However this is a quick intra-day trade catching the pullback. First of all we can see price has hit the fib extension level acting as a resistance. Secondly that red line represents a strong area of resistance for this pair. Finally we have the upper trend line which aligns well with it. All this together creates a high probability trade with a 1:2.5 R/R.


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