USDCHF Approaching Resistance, Potential For A Reversal!
USDCHF is approaching its resistance at 0.9987 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, multiple swing high resistance) where we could see a reversal, causing price to fall to its support at 0.9919 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is testing its resistance at 98% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is testing its resistance at 98% where a corresponding reversal could occur.
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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.