EURCHF Bounced Off Support, Prepare For A Further Rise

EURCHF bounced nicely off its support at 1.1349 (horizontal overlap support, 100% fibonacci extension , 38.2% & 50% fibonacci retracement ) where it could potentially bounce to its resistance at 1.1435 (horizontal swing high resistance, 61.8% Fibonacci extension , 78.6% Fibonacci retracement ).

Stochastic (55, 5, 3) is bounced off its support where a corresponding rise could occur.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Chart PatternschfEUREURCHFforexanalysisforexsignalsforextradingHarmonic PatternsTrend Analysis

כתב ויתור