CADCHF approaching resistance, potential drop!

26 июл. 2018 г.

CADCHF is approaching our first resistance at 0.7627 (horizontal swing high resistance, 50%, 78.6% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 0.7526 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
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