USDCHF approaching support, potential bounce!

31 ביולי 2018USDCHF is approaching our first support at 0.9857 (Horizontal swing low support, 78.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 0.9904 (horizontal pullback resistance, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (34,5,3) is also approaching support and a bounce off this level might see a corresponding rise in price.
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