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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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EUR/CHF right on support, buy now.

Price is approaching major support once again at 1.0900 (Fibonacci retracement, horizontal overlap support) and we look to buy above this level for a small bounce to 1.0975.

Stochastics (34,5,3) is in an oversold zone signalling a reversal is approaching.

RSI (21) is right above ascending support signalling a bounce is impending.

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Buy above 1.0900. Stop loss is at 1.0875. Take profit is at 1.0975.

The material has been provided by InstaForex Company - www.instaforex.com