USDCHF testing major support, remain bullish

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Buy above 0.9536. Stop loss at 0.9493. Take profit at 0.9655.
Reason for the trading strategy (technically):
Price continues to test major support at 0.9536 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and we remain bullish above this level for a bounce up to at least 0.9655 resistance (Fibonacci retracement, horizontal swing high resistance, price gap).
Stochastic (34,5,3) is testing major support at 3.8% where we expect a bounce from.

Feragatname

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