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USDCHF Approaching Resistance, Potential Reversal

Short
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 forexsignal
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trendanalysis harmonicpatterns chartpattern usdchf usd chf usdchflong usdchfshort forex forextrading forexsignal
USDCHF is approaching its resistance at 0.9887 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing high resistance) where it may reverse down to its support at 0.98375 (100% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal may occur.
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