Klimex

CADCHF Approaching Support, Potential Bounce

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF is approaching its support at 0.7367 (100% Fibonacci extension x2 , horizontal swing low support) where it could potentially bounce to its resistance at 0.7469 (100% Fibonacci extension , 50% Fibonacci retracement , horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 2.7% where a corresponding bounce could occur.
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