CADCHF Testing Resistance, Potential Reversal
CADCHF is testing its resistance at 0.7550 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price could drop to its support at 0.7399 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
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