CADCHF Approaching Resistance, Potential Reversal
CADCHF is approaching its resistance at 0.7469 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 0.7431 (50 Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
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