Klimex

EURCAD Testing Support, Potential Bounce

Long
FX:EURCAD   Euro / Canadian Dollar
EURCAD is testing its support at 1.5094 (61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 1.5225 (23.6% Fibonacci retracement , horizontal swing high resistance).

Stochastic (21, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.