EURCHF approaching support, potential bounce!

EURCHF is approaching our first support at 1.1237 (horizontal swing low support, 61.8%, 100% fiboancci extension, 78.6% fibonacci retracement) and a strong bounce might occur below this level pushing price down to our major resistance at 1.1287 (Horizontal swing low support, 38.2% fiboancci retracement).
Stochastic (34,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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