CADCHF Approaching Support, Potential Bounce!
CADCHF is approaching its support at 0.7532 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce off from to its resistance at 0.7599 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) bounced off its support at 1.5% where a corresponding rise could occur.
Stochastic (55, 5, 3) bounced off its support at 1.5% where a corresponding rise could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.