USDCHF Approaching Resistance, Potential Reversal
USDCHF is approaching its resistance at 1.0018 (61.8% & 100%x2 Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 0.9966 (61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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