ForecastCity_ME

💡Don't miss the great buy opportunity in GBPCHF

FX:GBPCHF   British Pound / Swiss Franc
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.196). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 1.2035
TP2= @ 1.2115
TP3= @ 1.2215
TP4= @ 1.2335
TP5= @ 1.2470

SL= Break below S2

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