USDCHF Reversed Off Resistance, Prepare For Further Drop
USDCHF reversed off its resistance at 1.0057 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 1.0021(50% Fibonacci retracement, horizontal pullback support, 100% Fibonacci extension).
Stochastic (89, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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.