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EURCAD approaching support, potential bounce!
EURCAD is approaching our first support at 1.4971 (ascending channel's support, 76.4% Fibonacci, retracement, 100% Fiboancci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.5296 (horizontal swing high resistance, 50% Fiboancci retracement).
Stochastic (89,5,3) is also approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) is also approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。