USDCHF target reached perfectly, potential for a bounce!

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USDCHF has dropped strongly and reached our forecasted support. We’re now seeing major support above 0.9408 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and a strong bounce could occur at this level to push price up to 0.9465 resistance (swing high resistance, Fibonacci extension).

Stochastic (34,5,3) is seeing major support at 5.6% where a corresponding bounce could occur.

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Feragatname

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