LONG CADCHF Approaching Support, Prepare For A Bounce
r ago
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.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
is approaching its support where we expect to see 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.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
is approaching its support where we expect to see a bounce.
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