EURCAD appraoching support, potential bounce!
Price is approaching our first support (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where a strong bounce might occur to our first resistance level (50% Fibonacci retracement). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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