CADJPY Approaching Support, Potential Rise!
CADJPY is approaching its support at 0.7529 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially rise up to its resistance at 0.7588 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizotnal swing high resistance)
Stochastic (55, 5, 3) is approaching its intermediate support at 8.5% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its intermediate support at 8.5% where a corresponding bounce 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.