USDCAD Approaching Support, Potential Bounce!
USDCAD is testing its support at 1.3045 (100% Fibonacci extension, 38.2%, 61.8% & 78.6% Fibonacci retracement, horizontal overlap support) where it could potentially bounce up to its resistance at 1.3193 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) has bounced off its support at 3.2% where a corresponding rise could occur.
Stochastic (89, 5, 3) has bounced off its support at 3.2% where a corresponding rise could occur.
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