EURCHF approaching pivot, potential for reversal
Prices are approaching 78.6% Fibonacci retracement and 78.6% Fibonacci extension fibonacci confluence. Prices might reverse and push down towards horizontal swing low support in line with 127.2% Fibonacci extension and 161.8% Fibonacci retracement. If prices continue to push up, prices might face resistance from horizontal swing high resistance in line with 161.8% Fibonacci retracement and 161.8% Fiboancci extension. Stochastics is also approaching resistance of 93.75 level, potential for reversal.
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