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Short

USDCHF Approaching Resistance, Potential Reversal

Di ICmarkets
Broker

USDCHF approaching resistance at 0.9758 (100% Fibonacci extension x2, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially fall to its support at 0.9702 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching resistance at 97% where a corresponding reversal could occur.
audCADChart PatternschfEURGBPHarmonic PatternsjpyTrend AnalysisUSDUSDCHFusdchfshort
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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