USDCHF – Daily Forex Technicals by ForexHound.com

UsdChf formed a breakout pattern this morning, it traded inside a small 30 points range during the Asian session and at the European open it broke out and retraced giving us a good long opportunity. UsdChf formed a breakout pattern this morning, it traded inside a small 30 points range during the Asian session and at the European open it broke out and retraced giving us a good long opportunity. Stop should be placed just under 1.007 with a take profit level at 1.0130 giving us a decent 1:1 risk:reward ratio.

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