CHFAUD approaching support, potential bounce!
CHFAUD is approaching our first support at 1.3341 (horizontal overlap support, 50% Fibonacci retracement). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3403 (horizontal overlap resistance, 50% Fibonacci retracement.
Stochastic (89,5,3) is also seeing a bullish divergence and is approaching our major support where a bounce off this level might be a good precursor for a potential rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Come join us today at : easymarkets.com/
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.