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CADCHF Is Approaching Resistance, Potential Reversal!

CADCHF is approaching resistance at 0.7908 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal swing high resistance) a reversal could potentially occur, causing price to fall to its support at 0.7715 (23.6% Fibonacci retracement, horizontal overlap support).

Stochastic (55, 5, 3) is approaching resistance at 96% where a corresponding reversal could occur.

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