CADJPY Approaching Its Support, Prepare For A Bounce

CADJPY is approaching its support at 83.468 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where we expect to see a bounce, pushing price all the way up to its resistance at 84.764 (38.2% Fibonacci retracement). We do have to be cautious of the intermediate resistance at 84.277 (100% Fibonacci extension, horizontal swing high resistance).
Stochastic (34, 5, 3) is approaching its support at 4.9% where we expect to see a corresponding bounce.