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USDCHF approaching support, potential bounce!

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
ICmarkets Broker  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns USDCHF USD chf usdchflong usdchfshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern usdchf usd chf usdchflong usdchfshort forex forextrading forexsignals
USDCHF is approaching our first support at 0.9888 (horizontal pullback support, 50%, 61.8% Fibonacci retracement) and price might rise to our major resistance at 0.9949 (horizontal pullback resistance, 61.8% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support and a bounce off this level might see a corresponding rise in price.
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