USDCHF H4 | Falling Towards Strong Support

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USDCHF H4 | Falling Towards Strong SupportUS Dollar vs. Swiss FrancFX:USDCHFFXCMBased on the H4 chart analysis, we can see that the price is falling towards our buy entry level at 0.8045, which is an overlap support that aligns with the 50% Fibonacci retracement. Our stop loss is set at 0.8004, which is a pullback support that is slightly above the 78.6% Fibonacci retracement. Our take profit is set at 0.8148, which is an overlap resistance. High Risk Investment Warning 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.