- At the end of last week session, USDCHF currency pair closed with a bullish pinbar candle. With this closing, in my opinion, the USDCHF is likely to be a recovery week this week. So we will wait for the price to bounce back so we can establish a buy position on USDCHF.
- Switching to a shorter time frame, H4, the possibility that USDCHF will bounce back around 0.9118 where we can establish a buy position with USDCHF with the nearest target of 0.9171, which is also the MA20 on the timeframe. D1 daily chart.
👉 Buy limit USDCHF 0.9118 and buy limit at 0.9085
SL: 0.9067
TP: 0.9171
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