USDCHF Testing Resistance, Potential Reversal

By ICmarkets
Broker
USDCHF is testing its resistance at 0.9956(100% Fibonacci extension, 23.6 % Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9917 (horizontal swing low support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop could occur.
audCADChart PatternschfEURGBPHarmonic PatternsNZDTrend AnalysisUSDUSDCHF
ICmarkets
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