USDCHF H1 | Continue to 1st support?

Looking at the H1 chart, price has reversed from a resistance level and is dropping towards our buy entry at 0.8898, which is a strong overlap support level that lines up with the 61.8% Fibonacci retracement. Our take profit will be set at 0.8958, which is a swing high resistance level. For risk management, our stop loss will be placed at 0.8855, which is just below the support level.


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