easyMarkets
Long

EURCAD approaching support, potential bounce!

FX:EURCAD   Euro / Canadian Dollar
EURCAD is approaching our first support at 1.5094 (horizontal swing low support, 100% Fibonacci extension , 61.8% Fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our major resistance at 1.5307 (horizontal swing high resistance, 38.2% Fibonacci retracement ).
Stochastic (55,5,3) is also approaching our support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out