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EURCHF Bounced Off Support, Potential Rise!

Oleh ICmarkets
Broker
EURCHF bounced off its support at 1.1581 (61.8% Fibonacci extension, 61.8% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap support) where we price could rise to its resistance at 1.1658 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its intermediate support at 10% where a corresponding rise could occur.
Chart PatternschfEUREURCHFeurchflongForexforexsignalsHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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