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ICmarkets
Aug 10, 2018 2:20 AM

EURCHF Approaching Support, Potential Bounce! Long

Euro / Swiss FrancFOREX.com

Description

EURCHF is approaching its support at 1.1451 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce up to its resistance at 1.1548 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 5.4% where a corresponding bounce could occur.
Comments
concodeli1971
you are a master at your craft, thanks
flexulalin8011
Thx for the trade idea! How confident are you from a scale of 1-10 on this idea ICmarkets?
rossnermingram
i always trust you good sir. Let us hope this trade idea on EURCHF is profitable...
dfarouqi
Interesting... thanks for your view on this...
senerchiacorazzari
nice.....setup...
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