Canadian Dollar/Swiss Franc
Panjang

CADCHF approaching support, potential bounce!

541
CADCHF bounced nicely off its support at 0.7516 (61.8% & 50% Fibonacci retracement , horizontal swing overlap support ) where it could potentially bounce to its resistance at 0.7579(50% Fibonacci retracement , 61.8% Fibonacci retracement , horizontal overlap resistance).

Stochastic (34, 5, 3) is bounced off its support where a corresponding rise could occur.
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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