CADCHF Approaching Support, Prepare For A Bounce
CADCHF is approaching its support at 0.7464 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7514 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
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is approaching its support where we expect to see a bounce.
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