EUR/CHF bounced off its support at 1.1581 (61.8% Fibonacci extension, 61.8% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap support) where we expect prices to rise to its resistance at 1.1658 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its intermediate support at 10% where a corresponding rise is expected.
Buy above 1.1581. Stop loss at 1.1534. Take profit at 1.1658.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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