Maveric12

Resistance at Fib levels

Short
Maveric12 Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Hello everyone,

USDCHF has been showing some resistance structure between the .5 and .382 fib levels aided by the physiological barrier at the 1.0000 mark. I suspect over the coming weeks price will go down and retest support at the .9696 level.

Enter at .99658 Stop at 1.00339 Our Target is .96965

Happy trading
Trade active:
Trade is active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.