ICmarkets

CHFJPY Testing Support, Potential Bounce

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FX:CHFJPY   Franco Suíço/Iene Japonês
CHFJPY is testing its support at 113.09 (100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where it could potentially bounce to its resistance at 113.74 (38.2% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.

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