CHFJPY Approaching Support, Potential For A Bounce

By ICmarkets
Broker
CHFJPY is approaching its support at 115.29 (100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 116.28 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 7.8% where a corresponding bounce could occur.
audCADChart PatternschfCHFJPYchfjpylongEURGBPHarmonic PatternsjpyTrend Analysis
ICmarkets
Broker
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