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CADCHF Approaching Support, Potential Bounce

Long
Canadian Dollar/Swiss Franc (FX:CADCHF)  
ICmarkets Broker  
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns CADCHF CAD chf NZD EUR GBP USD jpy
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trendanalysis harmonicpatterns chartpattern cadchf cad chf nzd eur gbp usd jpy
CADCHF is approaching its support at 0.7588 (100% & 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7620 (50% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is approaching its support at 7.1% where a corresponding bounce could occur.
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