EURCHF Bounced Off Support, Potential for a Further Rise

EURCHF bounced nicely off its support at 1.1420 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.1488 (61.8% Fibonacci extension, horizontal swing high resistance). Stochastic (55, 5, 3) is bounced off its support at 7.7% where a corresponding rise could occur.