CADCHF Testing Resistance, Potential For Reversal
CADCHF is testing its resistance at 0.7410(100% & 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.7320(horizontal swing low support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop could occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.