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CADJPY Bounced Off Support, Potential For A Further Rise
CADJPY bounced nicely off its support at 84.82(100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 85.86 (61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is bounced off its support at 3.9% where a corresponding rise could occur.
Stochastic (55, 5, 3) is bounced off its support at 3.9% where a corresponding rise could occur.
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