EURCHF is approaching our first support at 1.1344 (horizontal pullback support, 38.2% & 50% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur below this level pushing price up to our major resistance at 1.1401(61.8% Fibonacci extension, horizontal pullback resistance).
Stochastic (34, 5, 3) is approaching its support where a corresponding bounce could occur.
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