Klimex

NZDCHF approaching support, potential bounce!

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FX:NZDCHF   New Zealand Dollar/Swiss Franc
NZDCHF is approaching our first support at 0.6763 (horizontal swing low support, 61.8% & 38.2% Fibonacci retracement ) and a strong bounce might occur below this level pushing price up to our major resistance at 0.6850 (61.8% Fibonacci extension, 61.8% Fibonacci retracement ).

Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.

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