AUD/CHF Approaching Support, Prepare For A Bounce
AUD/CHF is approaching its support at 0.7038 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 0.7089 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur. AUD/CHF is approaching its support where we expect to see a bounce.
Buy above 0.7... Read More...
Jeff Wecker