USD/CHF to reach 1st resistance at 0.9983, potential to drop!

Entry: 0.9983

Why it’s good: Horizontal swing high resistance

100% Fibonacci extension

78.6% Fibonacci retracement

Take Profit : 0.9907

Why it’s good : horizontal overlap support

50% Fibonacci retracement

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The material has been provided by InstaForex Company – www.instaforex.com