AUDCAD approaching support, potential bounce!

AUDCAD is approaching our first support at 0.9523 (horizontal swing low support, 38.2% fibonacci retracemen, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 0.9674 (61.8% Fiboancci retracement, 61.8% Fiboancci extension).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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