Euro / Swiss Franc
Long

EURCHF Bounced Off Support, Potential Rise!

435
EURCHF bounced off its support at 1.1581 (61.8% Fibonacci extension, 61.8% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap support) where we price could rise to its resistance at 1.1658 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its intermediate support at 10% where a corresponding rise could occur.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.