EURCHF is approaching our first resistance at 1.1383 (horizontal swing high resistance, 100% Fibonacci extension, 76.4%, 38.2% Fibonacci retracement) and strong drop might occur below this level pushing price down to our major support at 1.1259 (horizontal swing low support, 78.6% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we...