EURCHF approaching resistance, potential drop!

23 พ.ย. 2018

EURCHF is approaching our first resistance at 1.1360 (38.2% Fibonacci retracement, 61.8%, 100% Fibonacci extension, horizontal overlap resistance) where a strong drop might occur pushing price down to our major support at 1.1332 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance we might see a corresponding drop in price.
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