AUD/CHF Approaching Support, Prepare For A Bounce

AUD/CHF is approaching its support at 0.7197(100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7263 (38.2% Fibonacci retracement, horizontal swing high resistance).

Stochastic (55, 5, 3) is approaching its support at 2.2% where a corresponding bounce could occur.

AUD/CHF is approaching its support where we expect to see a bounce.

Buy above 0.7197. Stop loss at 0.7164. Take profit at 0.7263.

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