CADJPY Approaching Support, Potential Bounce
CADJPY is approaching its support at 83.57 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 84.59 (61.8% Fibonacci extension , 38.2% Fibonacci retracement).
Stochastic (34, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.
Stochastic (34, 5, 3) is approaching its support at 6% where a corresponding bounce could occur.
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