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ICmarkets
Oct 23, 2018 6:05 AM

AUDCHF Approaching Support, Potential Bounce  Long

Australian Dollar/Swiss FrancFXCM

Description

AUDCHF is approaching its support at 0.7029 (61.8% & 100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 0.7061 (38.2% Fibonacci retracement , horizontal pullback resistance). Stochastic (55, 5, 3) is approaching its support at 3.1% where a corresponding bounce could occur.
Comments
gtomi001
It happened or will happen?
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