Euro / Canadian Dollar
Long

EURCAD Approaching Support, Potential Bounce

EURCAD is approaching its support at 1.5299 (61.8% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.5464 (50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its support at 1.2% where a corresponding bounce could occur.

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