Main Quotes Calendar Forum
flag

FX.co ★ EUR/CAD Testing Support, Prepare For A Bounce

parent
Forex Analysis:::2018-11-13T05:26:47

EUR/CAD Testing Support, Prepare For A Bounce

EUR/CAD is approaching its support at 1.4849 (100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 1.4920 (38.2% Fibonacci retracement, horizontal pullback resistance).

Stochastic (55, 5, 3) is approaching its support at 2.3% where a corresponding bounce is expected.

EUR/CAD is testing its support where we expect to see a bounce.

Buy above 1.4849. Stop loss at 1.4797. Take profit at 1.4920.

EUR/CAD Testing Support, Prepare For A Bounce

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...