The EUR/CHF pair is approaching our first support at 1.1306 (horizontal swing low support, 100%, Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 1.1339 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also nearing our support where we might see a bounce in the price.
Posts
Posts
No comments:
Post a Comment