CADCHF is approaching our first support at 0.7722 (horizontal overlap support, 23.6% Fibonacci retracement) where price might potentially rise to our first resistance at 0.7818 (horizontal swing high resistance, 76.4% Fibonacci retracement).
Stochastic is also approaching support where a bounce off this level might see a rise in price.
Stochastic is also approaching support where a bounce off this level might see a rise in price.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.