EURCAD approaching support, potential bounce!

2018년 11월 13일

EURCAD is approaching our first support at 1.4847 (Horizontal swing low support, 78.6% fiboancci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.4923 (horizontal pullback resistance, 100% fibonacci extension, 38.2% fibonacci retracement).
Stochastic (89,5,3) is approaching support and we might see a corresponding rise in price should it bounce off this level.
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