EURCAD approaching support, potential for big bounce!

2019年5月28日

Price is approaching our first support (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur to our first resistance (horizontal pullback resistance, 50% Fibonacci retracement). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.