USDCHF Reversed Nicely Off Resistance, Potential Drop!
USDCHF has reversed nicely off its resistance at 0.9962 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance) where price could potentially fall to its support at 0.9870 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) reversed near its resistance at 97% where it has alot of downside potential.
Stochastic (55, 5, 3) reversed near its resistance at 97% where it has alot of downside potential.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.