USDCHF closed at entry price and trying to consolidate at strong support area
USDCHF Analysis
USDCHF at the strong support area in the monthly timeframe chart
In the 4-hour timeframe, USDCHF is rebounding from the lower low are of the descending channel
The USDCHF pair has been trading within the entry price range for an extended period, resulting in a prolonged ranging movement. This market has been oscillating between the entry price levels for over 24 hours.
In accordance with our signal-following guidelines, we have closed the USDCHF signal at the entry price level due to the lack of significant price movement and the 24-hour Trade Protection rule.
For those new to our service, please take note that the USDCHF signal has been closed at the entry price level as a result of limited market activity within the specified time. Continue to adhere to our signal guide provided with each signal message at forexfib.com/guide/
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