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CHFJPY Approaching Support, Potential For A Bounce

Panjang
Franc Swiss / Yen Jepun (FX:CHFJPY)  
ICmarkets Broker  
FX:CHFJPY   Franc Swiss / Yen Jepun
Trend Analysis Harmonic Patterns Chart Patterns CHFJPY chf jpy CAD aud EUR GBP USD
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trendanalysis harmonicpatterns chartpattern chfjpy chf jpy cad aud eur gbp usd
CHFJPY is approaching its support at 116.86 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 117.55 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3.8% where a corresponding bounce could occur.
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