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U.S. Dollar / Swiss Franc
Long

USDCHF Testing Support, Potential For A Bounce!

By ICmarkets
Broker
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.
Chart PatternschfForexforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCHFusdchflong
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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