ICmarkets
Long

USDCHF Approaching Support, Potential Bounce!

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is approaching its support at 0.9855 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 0.9929 (23.6% Fibonacci retracement , horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.
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