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Dollar A.S. / Franc Swiss
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USDCHF Reversed Nicely Off Resistance, Potential Drop!

Oleh ICmarkets
Broker
USDCHF has reversed nicely off its resistance at 0.9962 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance) where price could potentially fall to its support at 0.9870 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) reversed near its resistance at 97% where it has alot of downside potential.
Chart PatternschfForexforexsignalsHarmonic PatternsTrend AnalysisUSDUSDCHFusdchfshort
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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