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Buy posted to TAP at 8:49am ET, buy USDCHF at 1.0585. Looking at the 4 hour chart the CHF has seen historical support and resistance lined up at the 1.0580 level and has potential to set up as a reversal pattern here. There is also the .50 fib of the closest up trend in place at 1.0578. Stop is below the .382 of the same fib range.
USD/CHF Chart Picture
