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AUDCHF Approaching Resistance, Potential Reversal

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
ICmarkets Broker  
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns AUDCHF aud chf EUR jpy NZD USD GBP
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trendanalysis harmonicpatterns chartpattern audchf aud chf eur jpy nzd usd gbp
AUDCHF is approaching its resistance at 0.73340 (50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 0.7168 (100% Fibonacci extension, 38.2% Fibonacci retracement , horizontal swing low support). Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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