CADCHF approaching support, potential bounce!
CADCHF bounced nicely off its support at 0.7516 (61.8% & 50% Fibonacci retracement , horizontal swing overlap support ) where it could potentially bounce to its resistance at 0.7579(50% Fibonacci retracement , 61.8% Fibonacci retracement , horizontal overlap resistance).
Stochastic (34, 5, 3) is bounced off its support where a corresponding rise could occur.
risks. Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (34, 5, 3) is bounced off its support where a corresponding rise could occur.
risks. Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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