Main Quotes Calendar Forum
flag

FX.co ★ EUR/CHF Bounced Off Support, Prepare For Further Rise

parent
Forex Analysis:::2018-06-13T03:33:06

EUR/CHF Bounced Off Support, Prepare For Further Rise

EUR/CHF bounced off its support at 1.1581 (61.8% Fibonacci extension, 61.8% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap support) where we expect prices to rise to its resistance at 1.1658 (61.8% Fibonacci extension, horizontal swing high resistance).

Stochastic (55, 5, 3) bounced off its intermediate support at 10% where a corresponding rise is expected.

Buy above 1.1581. Stop loss at 1.1534. Take profit at 1.1658.

EUR/CHF Bounced Off Support, Prepare For Further Rise

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...