USDJPY is approaching our first resistance at 109.14 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below...
GBPCAD approaching support, potential bounce!
GBPCAD is approaching our first support at 1.7056 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above...
USDCAD approaching support, potential bounce!
USDCAD is approaching our first support level at 1.3052 (horizontal swing low support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur...
EURCHF approaching support potential bounce!
EURCHF is approaching our first support at 1.1344 (horizontal pullback support, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this...
Summary
We are seeing a nice setup on EURCHF and USDCAD as it is approaching support where we are expecting a bounce above this level. USDCHF bounced perfectly from our first support to hit our resistance...
USDCHF approaching support, potential bounce!
USDCHF is approaching our first support, at 0.9924 (horizontal pullback support, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong bounce might occur above...
AUDCAD approaching resistance, potential drop!
AUDCAD is approaching our first resistance at 0.9550 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur...
EURUSD approaching resistance, potential drop!
EURUSD is approaching our first resistance at 1.1503 (horizontal pullback resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur...
USDJPY approaching resistance, potential drop!
USDJPY is approaching our first resistance at 109.14 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur...
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