Klimex

CADCHF Approaching Resistance, Potential Reversal

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
CADCHF is approaching its resistance at 0.7469 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse to its support at 0.7368 (61.8% & 100% Fibonacci extension, Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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