USDCHF approaching resistance, potential drop!

21 มิ.ย. 2018Price is approaching our first resistance at 1.0014 (78.6% Fibonacci retracement, 61.8%, 100% Fibonacci extension, Elliot wave structure) where a strong reaction might occur below this level pushing price down to our major support at 0.9912 (horizontal overlap support, 100% Fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching its resistance and a reaction off this level might see a corresponding drop in price.
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