EURCHF Approaching Resistance, Potential Reversal
EURCHF is approaching its resistance at 1.1305 (100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse to its support at 1.1248 (61.8% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (21, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
Stochastic (21, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
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