GBPCAD approaching resistance, potential drop!

25 ม.ค. 2019

GBPCAD is approaching our first resistance at 1.7526 (horizontal swing high resistance, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 1.7055 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
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