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USD/CHF: a middle-term BUY trade pending?

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OANDA:USDCHF   美元/瑞郎
As the price is approaching an important level of support that is highlighted on the graph, we are looking into making potential executions upon getting needed confirmations and aiming towards capturing a neat 1:3 risk-reward entry with the target set at a previous level of support that is now acting as a resistance that aligns with the 50% Fibonacci retracement level drawn from the top to the bottom of the recent impulse.

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