USD/CHF Reversed Off Resistance, Prepare For Further Drop!
August 17, 2018 10:21 am
USD/CHF reversed off its resistance at 0.9981 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.9942 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop is expected.
USD/CHF reversed off its resistance where we expect to see a further drop.
Sell below 0.9981. Stop loss at 1.0000. Take profit at 0.9942.
USD/CHF reversed off its resistance at 0.9981 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.9942 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop is expected.
USD/CHF reversed off its resistance where we expect to see a further drop.
Sell below 0.9981. Stop loss at 1.0000. Take profit at 0.9942.
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The material has been provided by InstaForex Company – www.instaforex.com
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