AUDCAD approaching support, potential bounce!
AUDCAD is approaching our first support at 0.9392 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.9451 (61.8% Fibonacci retracement).
Stochastic (89,5,3) is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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