USDCHF Approaching Resistance, Potential Drop
USDCHF is approaching its resistance at 0.9958 (78.6% Fibonacci retracement, Horizontal swing high resistance) where it could potentially reverse down to its support at 0.9898 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 92% where a corresponding reversal may occur.
Stochastic (55, 5, 3) is approaching its resistance at 92% where a corresponding reversal may occur.
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