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AUDCHF approaching resistance, potential drop!

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Dólar Australiano/Franco Suíço (FX:AUDCHF)  
easyMarkets Corretora  
FX:AUDCHF   Dólar Australiano/Franco Suíço
Trend Analysis Harmonic Patterns Chart Patterns AUDCHF aud chf audchflong audchfshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern audchf aud chf audchflong audchfshort forex forextrading forexsignals
AUDCHF is approaching our first resistance at 0.7113 (horizontal overlap resistance, 61.8% fibonacci retracement) where a strong drop might occur pushing price down to our major support at 0.6954 (horizontal swing low support, 38.2% fibonacci retracement).
Stochastic (89,5,3) is also approaching our resistance and seeing a bearish divergence where we might see a corresponding drop in price.
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