USDCHF is approaching its support at 0.9911 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.9969 (horizontal swing high resistance) Stochastic (21, 5, 3) bounced off its support at 4% where a corresponding rise could occur.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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