USDCHF bounced off support, potential rise!
USDCHF has bounced off its support at 0.9905 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support, ascending support line) where price could move up to its resistance at 0.9973 (61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) bounced off its support at 3.1% where a corresponding rise could occur.
Stochastic (55, 5, 3) bounced off its support at 3.1% where a corresponding rise could occur.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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