CHFJPY Bounced Off Support, Potential For A Further Rise

CHFJPY bounced off its support at 112.32 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 113.25 (50% Fibonacci retracement, horizontal pullback resistance).

Stochastic (89, 5, 3) is approaching its support at 3.2% where a corresponding bounce could occur.