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USDCHF Testing Support, Prepare For A Bounce!

Long
U.S. Dollar / Swiss Franc (FOREXCOM:USDCHF)  
theforexarmy  
FOREXCOM:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns USDCHF USD chf usdchflong Forex forexsignals
4
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trendanalysis harmonicpatterns chartpattern usdchf usd chf usdchflong forex forexsignals
USDCHF is testing its support at 0.9901 (100% & 61.8% Fibonacci extension, 76.4% & 61.8% Fibonacci retracement, horizontal overlap support, ascending channel support) where a bounce up to its resistance at 0.9977 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) is expected.
Stochastic (55, 5, 3) is testing its support at 2.8% where a corresponding bounce is expected.
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