- February 4, 2026
- Posted by: EWGFX
- Category: Technical analysis
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USD/CHF is falling towards the support level, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.7696
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.7599
Why we like it:
There is a swing low support level.
Take profit: 0.7828
Why we like it:
There is a pullback resistance that aligns with the 50% FIbonacci retracement.