Pepperstone
Short

CADCHF Testing Resistance, Potential Reversal!

OANDA:CADCHF   CAD/CHF
CADCHF is testing its resistance at 0.7545 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it is could reverse down to its support at 0.7515 (61.8% Fibonacci retracement , horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
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