EURCAD approaching support, potential bounce!

25 ม.ค. 2019

EURCAD is approaching our first support at 1.4971 (ascending channel's support, 76.4% Fibonacci, retracement, 100% Fiboancci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.5296 (horizontal swing high resistance, 50% Fiboancci retracement).
Stochastic (89,5,3) is also approaching our support where we might see a corresponding bounce in price.
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