USD/CHF testing key support, time to start buying

The price is testing major support at 0.9553 (Fibonacci extension, Fibonacci retracement, bullish price action) and we expect a bounce above this level for a push up to at least 0.9653 resistance (Fibonacci extension, horizontal swing high resistance, price gap).

Stochastic (34,5,3) is seeing strong support above 3.8% where we expect a bounce from.

Buy above 0.9553. Stop loss is at 0.9518. Take profit is at 0.9653.


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