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Klimex

EURCHF Bounced Off Support, Prepare For A Further Rise

Long
Euro / Swiss Franc (FX:EURCHF)  
Klimex  
FX:EURCHF   Euro / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns EUR chf EURCHF forexsignals forextrading forexanalysis
43
0
trendanalysis harmonicpatterns chartpattern eur chf eurchf forexsignals forextrading forexanalysis
EURCHF bounced nicely off its support at 1.1375 (38.2% & 23.6% Fibonacci retracement, horizontal swing low support, 61.8% Fibonacci extension) where it could potentially bounce to its resistance at 1.1428 (76.4% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is bounced off its support where a corresponding rise could occur.
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