AUDCAD Bounced off Support, Potential For A Further Rise
AUDCAD is approaching its support at 0.9562 (78.6% Fibonacci retracement , horizontal swing low) where it could potentially bounce to its resistance at 0.9673 (50% Fibonacci retracement , horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 2% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 2% where a corresponding bounce could occur.
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