USDCAD approaching support, potential bounce!

2018년 8월 22일

USDCAD is approaching our first support at 1.3007 (horizontal swing low support, 78.6% fibonacci retracement, long term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 1.3091 (horizontal swing high resistance, 50% fibonacci retracement).
Stochastic (89,5,3) is also approaching support and a bounce off this level might see a corresponding rise in price.
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