USDCHF Testing Support, Prepare For A Bounce!
USDCHF is testing its support at 0.9901 (100% & 61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal overlap support, ascending channel support) where a bounce up to its resistance at 0.9977 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) is expected.
Stochastic (55, 5, 3) is testing its support at 2.8% where a corresponding bounce is expected.
Stochastic (55, 5, 3) is testing its support at 2.8% where a corresponding bounce is expected.