easyMarkets
Long

CADCHF approaching support, potential bounce!

FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF is approaching our first support at 0.7367 (horizontal swing low support, 100% Fibonacci extension ) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7473 (horizontal overlap resistance, 50% Fibonacci retracement ).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Comments

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