EURCHF Approaching Support, Prepare For A Bounce

EURCHF is approaching its support at 1.1332 (76.4% Fibonacci retracement, horizontal overlap support, 61.8% Fibonacci extension) where it could potentially bounce to its resistance at 1.1359 (50% Fibonacci retracement).

Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternschfEUREURCHFforexsignalsHarmonic PatternsTrend Analysis

Disclaimer