USDCHF – Approaching Demand Zone – Daily Timeframe

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– USDCHF is approaching a demand zone (support) around the .9020 – .8995 levels.  Would look to go long in this range – 1st target just shy of 0.9100.
– This area also confluences with the 78.6% Fib retracement of the AB up move.
– There is another demand zone underneath the above mentioned levels(0.8940-0.8925)
This entry was posted in Fibonacci, Forex, Misc. Setups, Support (Demand) - Resistance (Supply), USDCHF. Bookmark the permalink.

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