USD/CHF approaching major support, look to buy

Price is approaching major support at 0.9675 (Fibonacci retracement, Fibonacci projection) where we expect a bounce from to at least 0.9765.

Stochastics (21,5,3) is also seeing major support at 7% where we expect a bounce from.

Buy above 0.9675. Stop loss is at 0.9615. Take profit is at 0.9765.

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

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