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USDCHF Approaching Support, Potential Bounce!

Oleh ICmarkets
Broker
USDCHF is approaching support at 0.9858 (100% Fibonacci extension, 76.4% & 23.6% Fibonacci retracement, horizontal swing low support) where price could potentially bounce up to its resistance at 0.9970 (61.8% & 50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is testing its support 4.37% where a corresponding bounce could occur.
Chart PatternschfForexforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCHFusdchflong
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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