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ICmarkets
23. Mai 2018 03:40

CADCHF approaching support, potential bounce!  Long

Canadian Dollar/Swiss FrancFXCM

Beschreibung

CADCHF is approaching our first support at 0.7722 (horizontal overlap support, 23.6% Fibonacci retracement) where price might potentially rise to our first resistance at 0.7818 (horizontal swing high resistance, 76.4% Fibonacci retracement).
Stochastic is also approaching support where a bounce off this level might see a rise in price.

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