GBPCHF approaching resistance, potential drop!

2018년 9월 21일

GBPCHF is approaching our first resistance at 1.2798 (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.2630 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our major resistance and seeing a bearish divergence where a reaction off this level might see a corresponding drop in price.
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