CADCHF Testing Resistance, Prepare For Reversal!
CADCHF is testing its resistance at 0.7656 (100% Fibonacci extension x2, 61.8% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 0.7591 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) could occur.
Stochastic (89, 5, 3) has reversed off its resistance at 95% where a corresponding drop could occur.
Stochastic (89, 5, 3) has reversed off its resistance at 95% where a corresponding drop could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.