WU is approaching our first support at 16.08 (horizontal swing low support, 78.6%, 61.8% fibonacci retracement, 100% fibonacci extension) where a strong bounce occur above this level pushing price up to our major resistance at 17.60 (horizontal pullback resistance, 23.6% fiboancci retracement).
Stochastic (55,5,3) is also approaching support and seeing a bullish...
WU is approaching our first support at 16.08 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 19.16 (horizontal swing high resistance, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also approaching...
