USDCHF Retracement
0.98856 (S1)is a key support level for the pair.
The pair is showing a bullish bias as the EMA,200 is above the EMA,50 on the 1H chart, however retrace is expected as the pair is overbought.
In Conclusion,
Entry Position : 0.99533
S/L: 0.99712
T/P 1: 0.99169
T/P 2: 0.98856
The pair is showing a bullish bias as the EMA,200 is above the EMA,50 on the 1H chart, however retrace is expected as the pair is overbought.
In Conclusion,
Entry Position : 0.99533
S/L: 0.99712
T/P 1: 0.99169
T/P 2: 0.98856
Trade closed: target reached
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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.