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USDCHF approaching support, potential bounce!

Long
U.S. Dollar / Swiss Franc (FOREXCOM:USDCHF)  
ICmarkets Broker  
FOREXCOM:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns USDCHF USD chf usdchflong Forex forexsignals
90
0
trendanalysis harmonicpatterns chartpattern usdchf usd chf usdchflong forex forexsignals
USDCHF is approaching its support at 0.9903 (61.8% Fibonacci extension x2, 61.8% Fibonacci retracement, horizontal swing low support) where it could bounce off from, rising to its resistance at 0.9985 (horizontal swing high resistance).

Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
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