U.S. Dollar / Swiss Franc
Short

USDCHF Approaching Resistance, Potential Reversal

2 848
USDCHF is approaching its resistance at 0.9887 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing high resistance) where it may reverse down to its support at 0.98375 (100% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal may occur.

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