Last week’s price action of the USD/CHF currency pair topped out at 1.0123, a key support level.
According to dailypriceaction.com, any bullish price action that forms as a result of a retest of the 1.0123 area could offer a compelling buying opportunity.
The next key resistance stands at 1.0255. That leaves traders with a range of approximately 130 pips to target.
Verdict: Buy Signal.
Look for a good entry point to go LONG on the USD/CHF pair.
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