CHFJPY is approaching our first support at 112.26 (horizontal swing low support, 76.4% fibonacci retracement, long term ascending support line) where a strong bounce might occur above this level pushing price up to our major resistance at 113.15 (horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
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