EURCAD Approaching Support, Potential Bounce!
EURCAD is approaching its support at 1.5048 (50% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.5111 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4.03% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 4.03% where a corresponding bounce 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.