USDCHF is once again retesting a key horizontal resistance level at 0.8659. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Upward sloping Moving Average
Target: 0.8685 Entry: 0.8667 Stop: 0.8635
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