USDCHF Approaching Support, Potential Bounce
USDCHF is approaching its support at 0.9900 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9972 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 2.9% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 2.9% where a corresponding bounce could occur.