EUR/CHF profit target almost reached, turn bullish

Price dropped perfectly as expected and is almost at our profit target. We turn bullish above 1.0895 support (Fibonacci retracement, Fibonacci projection, horizontal overlap support) for a push up to 1.0975.

RSI (34) is also seeing next support at 41% and it is approaching it.

Buy above 1.0895. Stop loss is at 1.0865. Take profit is at 1.0975.

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

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