CADJPY Approaching Support, Potential Bounce!
CADJPY is approaching its support at 83.07 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where price could bounce from, rising to its resistance at 84.42 (100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching support at 4.4% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching support at 4.4% where a corresponding bounce could occur.
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