ICmarkets

AUDCHF Approaching Support, Potential Bounce

Panjang
FX:AUDCHF   Dolar Australia / Franc Swiss
AUDCHF is approaching its support at 0.7029 (61.8% & 100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 0.7061 (38.2% Fibonacci retracement , horizontal pullback resistance). Stochastic (55, 5, 3) is approaching its support at 3.1% where a corresponding bounce could occur.

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