USD/CHF testing major support, prepare for a bounce
The price is testing major support at 0.9569 (ABC Fibonacci extension, 76.4% Fibonacci extension, horizontal swing low support) and we expect the price to make a nice bounce above this level to push it up to at least 0.9699 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (34,5,3) is seeing major support above 5.8% where a […]