CADCHF Approaching Support, Potential For A Bounce!
CADCHF is approaching its support at 0.7533 (61.8% Fibonacci extension x2, 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7583 (50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.
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