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USDCHF approaching support, potential bounce!

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
easyMarkets 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 0.9791 (horizontal swing low support, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9855 (horizontal pullback resistance, 50% fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding rise in price.
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