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CADJPY Bounced Off Support, Potential For A Further Rise
CADJPY bounced nicely off its support at 85.69 (61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 86.20 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is bounced off near its support at 2.2% where a corresponding rise could occur.
Stochastic (89, 5, 3) is bounced off near its support at 2.2% where a corresponding rise could occur.
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