easyMarkets
Long

EURCHF approaching support, potential bounce!

FX:EURCHF   Euro / Swiss Franc
EURCHF is approaching our first support at 1.1313 (horizontal swing low support, 100%, Fibonacci extension , 50% Fibonacci retracement ) where a strong bounce might occur above this level to our major resistance at 1.1394 (horizontal swing high resistance, 61.8% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching our support where we might see a bounce in price.
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