NZDCAD approaching support, potential bounce!
NZDCAD is approaching our first support at 0.9086 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.9140 (50% Fibonacci retracement).
Stochastic (89,5,3) is approaching support as well.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
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