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.
The material has been provided by InstaForex Company - www.instaforex.com