EURCAD approaching support, potential bounce!

4 ม.ค. 2019

EURCAD is approaching our first support at 1.5316 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.5618 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
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