EURCAD Approaching Resistance, Potential Reversal!
EURCAD is approaching its resistance at 1.5063 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it is could reverse down to its support at 1.4983 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
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