EURCAD Approaching Support, Potential Bounce!
EURCAD is approaching its support at 1.4968 (100% & 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.5054 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at where a corresponding bounce could occur.
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