TradingView
Klimex
Dec 10, 2018 2:47 AM

CADCHF Approaching Support, Potential Bounce Long

Canadian Dollar/Swiss FrancFXCM

Description

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.
More