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ICmarkets
Oct 15, 2018 2:19 AM

EURCAD Approaching Support, Potential Bounce! Long

Euro Fx/Canadian DollarFXCM

Description

EURCAD is approaching its support at 1.5010 (50% & 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.5129 (horizontal swing high resistance). Stochastic (21, 5, 3) is approaching its support at 1.7% where a corresponding bounce could occur.
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doibrunehstan
I hope to be as good as you one day...
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