ICmarkets
Short

USDCHF Reversed Off Resistance, Potential Drop!

FX:USDCHF   U.S. Dollar / Swiss Franc
USDCHF reversed off its resistance at 1.0010 (61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal swing high resistance) where it is could drop further to its support at 0.9968 (38.2% Fibonacci retracement , horizontal pullback support).
Stochastic (89, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
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