CHFAUD is approaching our first support at 1.3304 (horizontal swing low support, 100% Fibonacci extension). A strong bounce might occur above this level, pushing price up to our major resistance at 1.3601 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (21,5,3) is also approaching our major support and is seeing a bullish divergence, which might be a good precursor for a potential rise in price.
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코멘트
Wohooo! price is bouncing nicely off our support :)