CADCHF Approaching Resistance, Potential Reversal
CADCHF is approaching its resistance at 0.7472 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially to reverse down to its support at 0.7416 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal may occur.
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