Forex Analysis: 17 Feb 2017, 13:37 UTC+00

USD/CHF: prepare to buy above major support

We prepare to turn bullish above major support at 0.9959 (Fibonacci retracement, horizontal overlap support) for a push up to 1.0030 resistance (Fibonacci retracement, horizontal pullback resistance).

RSI (34) is seeing strong support above the 23% level.

Buy above 0.9959. Stop loss is at 0.9898. Take profit is at 1.0030.

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Performed by
analytical expert: Dean Leo
InstaForex Group © 2007-2017
 Published: 17 Feb 2017, 13:37 UTC+00

 
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