ICmarkets

USDCHF bounced nicely off its support, potential rise!

Long
FOREXCOM:USDCHF   Dollar américain / Franc suisse
USDCHF has bounced off its support at 0.9900 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where price could rise to its resistance at 0.9985 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 1.34% where a corresponding rise could occur.

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