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The USD/CHF had a bearish ‘Regular Divergence Trade Setup’ this week on the Market giving Forex traders between sixty and eighty pips depending what your entry price was. Using the ‘Fibonacci Measuring Tool’ we saw price bounce of the 38.2 Fibonacci level, as well as the 61.8 Fibonacci retracement level. Later in the week we also saw price struggle to break through the 78.6 Fibonacci price level. We have strong major support at 0.955 and resistance at 0.9970.
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Trade what YOU See – Not what YOU THINK!
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Buy The Dips – Sell The Rallies!
