USD/CHF: a middle-term BUY trade pending?

As the price is approaching an important level of support that is highlighted on the graph, we are looking into making potential executions upon getting needed confirmations and aiming towards capturing a neat 1:3 risk-reward entry with the target set at a previous level of support that is now acting as a resistance that aligns with the 50% Fibonacci retracement level drawn from the top to the bottom of the recent impulse.