EURCHF approaching support, potential bounce!
EURCHF is approaching our first support at 1.1306 (horizontal swing low support, 100%, fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 1.1339 (horizontal pullback resistance, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (34,5,3) is also approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Come join us today at : easymarkets.com/
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.