USDCHF Approaching Resistance, Potential Reversal
USDCHF is approaching its resistance at 1.0007 (50% Fibonacci retracement, Horizontal swing high resistance) where it could potentially reverse to its support at 0.9917 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal could occur.