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NZDCHF approaching support, potential bounce!

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New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
easyMarkets Broker  
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns NZDCHF NZD chf nzdchflong nzdchfshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern nzdchf nzd chf nzdchflong nzdchfshort forex forextrading forexsignals
NZDCHF is approaching our first support at 0.6788 (horizontal overlap support, 23.6%, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.6896 (76.4% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (21,5,3) is also approaching support and we might see a corresponding bounce in price.
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