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CADJPY Approaching Support, Potential Bounce!
CADJPY is approaching its support at 84.80 (100% Fibonacci extension x2, 76.4% Fibonacci retracement, horizontal swing low support) where price could bounce to its resistance at 85.43 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 3.6% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 3.6% where a corresponding bounce could occur.
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